Dubai Investments Park unveils Ecological Community Park

Press release

Published June 5th, 2011 - 01:04 GMT

The Green Park was jointly inaugurated by Mohammed Abdul Rahman, Head of Agriculture Section and Abdul Majeed Hussain, Head of the Park Section, Dubai Municipality

Dubai Investments Park (DIP), the largest mixed-use development in the UAE and a subsidiary of Dubai Investments PJSC (DI), today unveiled a 15,395 square meter community park within its complex to mark World Environment Day. The facility brings up DIPs eco-reserve land to 20 per cent of its total property.

Inaugurated jointly by Mr. Mohammed Abdul Rahman, Head of Agriculture Section and Mr. Abdul Majeed Hussain, Head of the Park Section, Dubai Municipality, the community park demonstrates Dubai Investments’ best practices to reserve green spaces within its developments. The event was attended by Omar Al Mesmar, General Manager of Dubai Investments Park, senior executives of Dubai Municipality as well the senior management of Dubai Investments and its subsidiaries.

The launch of the new public park near the new headquarters of DI, demonstrates its commitment towards preserving green spaces within the hi-tech park and dedicating up to 20 per cent of the land towards maintaining green spaces, under its initiative to remain sustainable.

The community park features a 505.56m jogging track, cycling track, ample shaded seating and play areas, as well as barbeque zones and refreshment kiosks. While 66 car park spaces have been dedicated within the premises, an additional 55 spaces is provided in the area surrounding the park.

Omar Al Mesmar, General Manager of Dubai Investments Park, said: “We are glad to have collaborated with Dubai Municipality in our endeavour to save energy and natural resources besides paving the way for sustainable development. The park features a lush green landscape with colourful flora to provide a picturesque neighbourhood. It also offers a modern recreational and leisure spot for residents, fitness and nature enthusiasts.”

Furthermore, to mark World Environment Day, DI organized a seminar on recycling for employees. Supported by Dubai Municipality, leaflets on conserving energy resources and flowers were distributed to all residents and visitors passing through DIP checkpoints.

Dubai Investments Park (DIP) is a unique, self-contained mixed-use industrial, commercial and residential complex operated by Dubai Investments Park Development Company LLC. Spread across an area of 2,300 hectares (with 1,700 hectares leased), its master-plan was developed in 1997. It has been designed as a city within a city offering world-class infrastructure and outstanding facilities and services.

A subsidiary of Dubai Investments (PJSC), DIP is divided into three distinct zones – each setting the benchmark for high quality projects in a well-planned, fully-integrated master community development. DIP is strategically located within minutes from the Al Maktoum International Airport.

As of January 2011, DIP has 1,236 tenants and 1,349 sub-tenants.

Background Information

Dubai Investments

Dubai Investments PJSC is a leading public joint stock company listed on the Dubai Financial Market with over 16,771 shareholders and a paid-up capital of AED 4 billion. Incorporated in 1995, the Company has grown exponentially with investments in a number of businesses across a number of sectors, ranging from real estate, processing industries, mergers and acquisitions, healthcare, education to financial investments in the UAE and the Middle East. Dubai Investments continues to create positive economic impact and long-term value for its stakeholders by investing in sustainable, growth sectors in markets across the globe.

Company Profile

Dubai Municipality

The origin of Dubai Municipality was founded in 1954 commencing its activities with a cadre of seven employees undertaking simple tasks in cleaning the city.

The first decree establishing the Municipality was on February 28, 1957, whereby 23 municipal council members had been appointed from the elders of the country and traders with limited powers, the most important of which was to take care of health and architectural affairs of the city as well as to organize construction and beautification of the city and provide constructive suggestions to the government.