TECOM Business Parks today announced it has signed a strategic partnership with INDEX Holding, aiming to facilitate the continued growth of Dubai's economic development joint promotion foreign investment opportunities to the TECOM industry clusters.
The agreement was signed by Dr. Amina Alrustamani, Chief Executive Officer of TECOM Business Parks, and Abdul Salam Al Madani, President of INDEX Holding.
According to the agreement, INDEX Holding through its subsidiary company INDEX Investment Management will promote the different business parks of TECOM through its branch and representative offices located in various parts of the world. It will additionally reinforce the message of promoting investment opportunities to Dubai through the many high profile events that INDEX organises in the region, covering industry sectors such as energy, healthcare and entertainment.
Dr. Alrustamani, CEO of TECOM Business Parks, said: "The collaboration with our business partner INDEX Holding is an excellent showcase of the internal synergy within TECOM Business Parks and the commitment to mutual success. Such strategic alliances have been driving our progress over the last 10 years and we look forward to advancing this further.
"TECOM Business Parks offers the ideal environment for all businesses including start-ups to grow through the provision of purpose-built infrastructure, customised business support services and a business environment conducive to synergies and successful developments. With this agreement, we are confident of further extending the reach of our value proposition."
Abdul Salam Al Madani, President of INDEX Holding stated: "One of INDEX's core strengths is to attract foreign investments to the UAE in general and Dubai in particular through promoting the UAE while attending and organizing international conferences and exhibitions, and through INDEX offices and representatives located in every continent. In addition, INDEX has strong foreign relationships with key international investment entities.
Al Madani added: "Following the vision of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, we aim through this partnership to add value to the national economy by attracting new promising projects to the country. The private sector in the UAE plays a pivotal role in the growth of the economy. The country's strategic location and business friendly environment is still attractive to many foreign companies that are interested in setting up their operation."
TECOM Business Parks span a range of high growth industries in ICT, Media, Education, Sciences and Manufacturing and Logistics that are foreseen to grow in the Middle East region.