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24 June, 2014

DSOA Signs Two Agreements with Barcelona and Amsterdam

Dubai-UAE: 24 June, 2014 Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis, an integrated free zone technology park, has signed two memoranda of understanding (MoUs) - the first with Barcelona City Hall and the second with Amsterdam Economic Board - in line with the directive of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister

MoUs Complement DSOA's Goal of Becoming Lead Contributor to Smart Dubai Initiative under Directive of His Highness Sheikh Mohammed Bin Rashid Al Maktoum
Dubai-UAE: 24 June, 2014

Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis, an integrated free zone technology park, has signed two memoranda of understanding (MoUs) - the first with Barcelona City Hall and the second with Amsterdam Economic Board - in line with the directive of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into the smartest city in the world.

Dr Mohammed Alzarooni, Vice Chairman and CEO of DSOA, signed the first MoU with Xavier Trias, Mayor of Barcelona, in the presence of Manel Sanroma, CEO of Barcelona Smart City, and Jordi Cornet, President of Barcelona Free Zone in Barcelona. The second MoU was inked in Amsterdam between Dr Mohammed Alzarooni and Ton Jonker, Chief Executive Officer, Amsterdam Economic Board.

Under the agreements, DSOA will collaborate on an individual basis with both entities to drive technical and academic partnerships. In addition to the exchange of knowledge and expertise, Barcelona City Hall and Amsterdam Economic Board will offer support to DSOA's projects and initiatives under the smart city concept. DSO and each of the European organisations will develop research, host joint symposia and exchange knowledge and thought leaders towards exploring the possibility of implementing innovation projects.

Commenting on the agreements, Dr Mohammed Alzarooni, said: "Barcelona and Amsterdam have shown remarkable progress in the smart city domain and now lead the concept in Europe. With DSOA playing a significant role towards achieving Dubai's objective of becoming a smart city in the next three years, it is essential for us to work with best-in-class partners such as Barcelona City Hall and Amsterdam Economic Board.

"In line with this objective, DSOA will continue to forge ties with like-minded establishments that can contribute to Dubai's strategy, built around six key pillars: smart life, smart transportation, smart society, smart economy, smart governance and smart environment."

Xavier Trias, Mayor of Barcelona, said: "We are extremely pleased to cooperate with Dubai Silicon Oasis on a key focus area - to create revolutionary hi-tech integrated smart cities. We believe this alliance will help us forge a new model of economic growth based on technology, urban innovation and advanced services to ultimately improve the welfare, health and quality of life of our people."

Ton Jonker, Chief Executive Officer of Amsterdam Economic Board, said: "We share DSO's beliefs and objectives in shaping a global smart city that is sustainable and enhances efficiency of natural resources as well as operations for the greater environmental good. The Amsterdam Economic Board aims to develop the Amsterdam metropolitan area into a leading global business hub in Europe. We hope to achieve these results by focusing on the three main pillars of sustainable growth, innovation and strategic collaboration. The MoU will help Dubai and Amsterdam learn and grow through each other's experiences in achieving their ultimate goals."

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The Smart Dubai Initiative comprises six key thrusts - Smart Economy, Smart Lifestyle, Smart Transportation, Smart Governance, Smart Environment and Smart Generation - and relies on the three basic principles of communication, integration and cooperation. Through encouraging collaboration between the public and private sectors, the strategy aims to transform Dubai into one of the world's smartest cities over the next three years through the roll out of 100 initiatives and 1,000 smart services that improve the quality of life in the city.

Established as the global capital of smart cities, Barcelona was recently named 'European Capital of Innovation' by the European Commission. The city also hosts the annual Smart City Expo World Congress that serves as a meeting point for companies, public administration, entrepreneurs and research centres to demonstrate individual capabilities and share best practices on the development of future cities. The event focuses on topics related to energy, technology and innovation, mobility, governance and the economy.

Amsterdam is globally recognized for its Amsterdam City Project, a successful example of public-private model project which is catalysed, funded and implemented by the by the EU, the city government, and private stakeholders. According to a report by Frost & Sullivan, Amsterdam has been among the most forthcoming of the 26 smart cities identified, in implementing smart and intelligent systems across the following parameters: smart governance, smart energy, smart building, smart mobility, smart infrastructure, smart technology, smart healthcare and smart citizen.

A wholly-owned entity of the Dubai government, Dubai Silicon Oasis operates as a free zone technology park for the semiconductor, microelectronic and other high technology-based companies looking to set up their regional headquarters, as well as research and development facilities in the Middle East and North Africa region.

-Ends-

About Dubai Silicon Oasis:
Dubai Silicon Oasis Authority (DSOA), a 100% owned entity by the Government of Dubai is a free zone, strategically placed on Sheikh Mohammed Bin Zayed road. DSOA's urban master-planned community spans 7.2 square kilometers of state of the art office towers, R&D and industrial zones, educational institutions, luxury apartments, villas, hotels, healthcare and a full range of lifestyle facilities which translate into a dynamic commercial and social environment. Businesses can flourish under the unrivalled package of incentives, including 100% ownership, and high end IT infrastructure that allows companies to begin operating immediately.

For more information, please visit: www.dso.ae |Follow DSO on Twitter: @dsoftz.

For further information, please contact:
Mazen El Dirany
Dubai Silicon Oasis Authority
Senior Associate Manager - Corporate Communications
T +971 4 5015102 | F +971 4 5015350 |
Email: meldirany@dso.ae | www.dsoa.ae/

Mathilda Saad
APCO Worldwide
Tel:  +9714 361 3879 (Direct)
M: +97155 699 9890
Fax:  +9714 388 8001
Email:  msaad@apcoworldwide.com

© Press Release 2014