Tecom Business Parks welcome 549 new partners
Dubai, April 2, 2014
Tecom Business Parks, which comprises Tecom Investments’ nine free zones, welcomed 549 new business partners last year.
In addition to the growing number of new business partners, the knowledge workers operating within Tecom’s business parks grew by 23 per cent over the last year, continuing the five-year sustained growth trend of 81 per cent collectively across the free zones.
The expansions within Tecom’s business parks included Amity University, Sony Music Middle East, Publicis, Hewlett Packard, Dell and IBM Middle East.
The business partner expansion across the business parks was equivalent of 11 per cent of the total leasable area of TBP’s free zones, said a statement.
The ICT cluster added 181 new business partners, while the science cluster added 57, education cluster 67 and the media cluster grew by 233 business partners.
At an operational level, Dubai Studio City launched its second Sound Stage, providing an operating environment for media production and boosting Dubai’s growing film industry.
The Dubai Internet City inaugurated In5, a start-up innovation centre providing mentorship, support and a dynamic and engaging working environment to entrepreneurs and small businesses.
The Dubai International Academic City launched the Workforce Planning Study, demonstrating industry leadership and insight. DIAC’s universities launched 35 new programmes during the year.
Tecom continues to play a significant role in the emirate’s economic development through its industry focused clusters, technology developments, global reach and strategic partnerships.
In response to increased demand from investors seeking to grow their regional and domestic business propositions, Tecom has launched a number of new commercial projects across its prime locations.
Malek Al Malek, CEO, Tecom Business Parks, said: “2013 was an impressive year for Tecom’s free zones. Our industry focused clusters performed ahead of expectations, adding a significant number of new business partners and growing existing ones, which has helped to further develop the industries at large as well as our dynamic and collaborative communities.
“Tecom Business Parks has continued its track record of year-on-year growth in terms of gaining new business partners, as well as positioning itself at the forefront of developing a knowledge economy and service offering that is in line with the government of Dubai’s vision.
“This year business partners and investors will also see several innovative enhancements to our services with a view to making running their business easier and more efficient. In addition, we will soon be announcing a series of new development projects which are testament to the sustained demand for our market leading proposition.” - TradeArabia News Service