TECOM Investments Business Parks Score High on Free Zones Global Ranking
8 June, 2010 – TECOM Investments, a diversified conglomerate and a member of Dubai Holding, today announced seven of its specialised business parks have gained a strong ranking on fDi (Foreign Direct Investment) magazine’s annual report of global free zones.
Part of The Financial Times Business Group and edited in London, the English language bi-monthly fDI is considered one of the most trusted sources of information for companies involved in cross-border expansion.
The TECOM Business Parks have been featured in the top 25 list of 2010/11 Global Free Zones of the Future Rankings, competing with more than 200 other free zones worldwide.
In addition, the free zones were also recognised under the categories of Best Economic Potential, Most Cost Effective, Best Facilities, Best Transportation Links, Best Incentives, Best Promotion, Best Airport and Best Port.
Dubai Knowledge Village has been ranked first under the Best Incentives category globally and in the Middle East while Dubai Media City is ranked first under Best Promotion and second in the Best Incentives category globally and in the Middle East. The International Media Production Zone is placed first under the Most Cost Effective category in the Middle East and fifth under the same category globally, while Dubai Internet City has been ranked fourth in the Best Incentives Category globally and in the Middle East.
Dubai Biotechnology and Research Park features fourth overall in the Middle East and seventh globally. It is also ranked among the top 10 under Best Promotion, Best Transportation Links and Best Incentives categories.
Dubai International Academic City has featured in the top 10 in the Middle East with strong ranking under Best Transportation Links.
Dr. Amina Alrustamani, Chief Executive Officer, TECOM Business Parks, said:
TECOM Business Parks’ Free Zones provide a complete value chain of specialised offerings that have created an established community hub for specific industries. The entities remain at the forefront of the region’s thought leadership and innovation in the five industry cluster groups of Information and Communication Technology (ICT), Media, Education, Sciences, and Manufacturing and Logistics.
We are confident of setting new benchmarks while continuing to provide vital support to the region and facilitating global corporations to expand their regional footprint through their operations in Dubai.
TECOM Investments has won several distinctions including Dubai Quality Appreciation Program 2009, ‘Best Environmental Excellence’ Category at Sixth Annual CSR Summit Awards 2009, the 2008 UAE Web Awards category for Best Strategic Forums, Emirates Energy Award 2008, Best Company at Alternative Energy Awards 2007 and Dubai Human Development Award 2007.
About TECOM Investments
TECOM Investments, based in Dubai, is a member of Dubai Holding, a global company dedicated to knowledge and life-improving industries. A creator of vibrant knowledge industry clusters, TECOM Investments is currently active in buoyant cutting-edge sectors such as ICT, Media, Education, Sciences and Industrial.
A recognized leader in the global knowledge industry, TECOM Investments manages entities such as Dubai Internet City, Dubai Media City, Dubai Knowledge Village, Dubai International Academic City, eHosting DataFort, International Media Production Zone, Dubai Outsource Zone, Dubai Studio City, DuBiotech, Enpark, Dubai Healthcare City and Dubai Industrial City.
TECOM Investments’ phenomenal growth also encompasses local and international joint venture interests like Empower, a district cooling service provider established as a joint venture with Dubai Electricity and Water Authority, Emirates International Telecommunications Limited, a joint venture with Dubai Group. Emirates International Telecommunications Limited holds stakes in Tunisie Telecom and GO, telecommunication carriers in Tunisia and Malta respectively.
SmartCity develops and manages self-sustained townships worldwide to foster the knowledge economy. SmartCity Malta and SmartCity Kochi are the first two developments to be part of SmartCity’s global network. This global network promotes productive linkages and taps into synergies between knowledge industry centres worldwide.
TECOM Investments also has interests in Axiom, the largest mobile distributor in the Middle East, and Interoute, the operator of Europe’s most densely connected voice and data network.
TECOM also launched the inaugural Pearl Awards in 2008 to honour and recognize its outstanding business partners. The awards include categories for Corporate Social Responsibility Achievement of the Year, Innovation of the Year, Employer of Choice, Fastest Growing Company of the Year, Customer Service, Globalization and Diversification, Contribution to the UAE Society, HSE Award, Entrepreneur of the Year, Company of the Year, and Award for Maximum Suggestions made through VOICE IT - TECOM Investments' complaint and feedback management system.
TECOM Investments is a proud winner of Dubai Quality Appreciation Program 2009.
For more information, please contact:
Malcolm Ward
JIWIN Public Relations
Tel: +971 4 3613576
Mob: +971 50 624 6539
Email: Malcolm.Ward@jiwin.ae