Arab Today, arab today dubai investments park\s final phase will be completed in q1 2014
Last Updated : GMT 18:31:50
Arab Today, arab today
Arab Today, arab today

Dubai Investments Park\'s final phase will be completed in Q1, 2014

Arab Today, arab today

Arab Today, arab today Dubai Investments Park\'s final phase will be completed in Q1, 2014

Dubai - WAM

Dubai Investments Park [DIP], a wholly-owned subsidiary of Dubai Investments PJSC, today announced that Phase 8, the final phase of the 2,400 hectare mixed-use development, will be fully completed by the end of the first quarter of 2014. Once completed, the 430,000 square-meter Phase 8, being constructed at a cost of AED 325 million in two stages, is expected to be a hub for logistics services as a significant portion of land has been allocated for this sector. Phase 8 entails construction of a total of approximately 375 warehouses and light industrial units. The first stage, which was completed in mid-2012, has been fully leased and is approximately 80 percent occupied. Omar Al Mesmar, DIP General Manager, said, "We are nearing the completion of the final phase of the DIP development, which is a significant milestone for us. The steady growth of DIP over the years reinforces our identity as one of the fastest growing investment destinations and is among the best-equipped mixed-use developments in the region with unmatched infrastructure." Phase 8 will have well-planned road network, electricity and water network, sewerage system and irrigation and district cooling facilities on a total built-up area of 2.4 million square feet. Over the years, DIP has invested in excess of AED 3.5 billion on infrastructure facilities within the Park, and today accommodates over 3,450 tenants and sub-tenants representing a wide array of industrial, distribution, logistics entities and residential units.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dubai investments park\s final phase will be completed in q1 2014 Arab Today, arab today dubai investments park\s final phase will be completed in q1 2014

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dubai investments park\s final phase will be completed in q1 2014 Arab Today, arab today dubai investments park\s final phase will be completed in q1 2014

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday