21/10/2014 06:48 AST
Dubai Investments Park (DIP), the largest integrated commercial, industrial & residential community in the Middle East and wholly-owned by Dubai Investments PJSC (DI), has continued to play a pivotal role in UAE’s industrial and manufacturing boom by attracting over 3,500 companies across a wide array of sectors over the last 17 years.
DIP, the torchbearer in the development and management of business parks in the region, is today a powerhouse in manufacturing, offering a range of medium to light industries across aluminum, steel manufacturing, chemicals, pharmaceuticals, textiles, plastics, oil & gas, construction, building materials and contracting sectors.
A total of approximately 59.5 million square feet of space within the 2,300-hectare DIP are readymade facilities, which includes 3,000-plus warehousing and industrial units besides staff accommodation. These encompass a number of factories, dealing in medium to light manufacturing, which contribute a significant share to UAE’s GDP.
Given the success and huge demand for DIP as a thriving industrial hub, the park has attracted a number of multinationals and international brands, including Danzas, Aujan Industries, Transmed, M.H. Al Shaya, Dubai Refreshments Company [Pepsi], Permasteelisa Gartner ME LLC, Mapei-Innovative Building Solutions, Larsen & Toubro [L&T], Weatherford Oil Tool among others. A number of companies have set up their regional headquarters within DIP.
Omar Al Mesmar, General Manager of DIP, said: “Dubai Investments Park has pioneered the model of community development with its bustling business and residential concepts as also staff accommodation. DIP was conceptualized with a mission to bring new businesses and industries in a comprehensively-planned business complex. Today, we are proud to be home to over 3,500 companies from various sectors – industrial to manufacturing to trading who have set up base in the park. In fact, DIP serves as a regional gateway for a number of companies.”
He added: “DIP is the most sought-after business park in the region and we provide investors and manufacturers the perfect breeding ground with the best and most-advanced infrastructure. The number of industrial units and factories within DIP is steadily growing and we have also witnessed increased demand for our warehouses. Our proximity to the Expo 2020 site is also fuelling the demand for manufacturing space as well as accommodation and we are geared to sustain this growth in the coming years.”
Saudi Gazette
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