TECOM Investments Realigns 11 Business Parks into Five Industry Cluster Groups

Published April 21st, 2010 - 06:52 GMT

TECOM Investments, a diversified conglomerate and a member of Dubai Holding, has realigned its 11 business parks into five industry cluster groups to streamline its operations and to prepare for further business growth
 

These five industry cluster groups are: Information and Communication Technology (ICT), Media, Education, Sciences, and Manufacturing and Logistics. Additionally, a new entity, the TECOM Business Parks Operations has been created.
 

Abdullatif Almulla, Group Chief Executive Officer, TECOM Investments, said: “Our strength as an organisation stems from our industry expertise and track record in successfully developing and operating dedicated business parks. Given our exponential growth across various industries, now is the right time for us to consolidate our diverse free zones into focused cluster groups. The restructuring is designed to ensure that we continue to remain efficient and robust as a world class organisation.
 

“Moving forward, our primary objective remains developing Dubai’s knowledge-based economy, and the restructuring will provide a more focused approach to achieving this goal. I am confident that the recently appointed Managing Directors of each new industry cluster will maintain the momentum of success the business parks have achieved over the years. They have been empowered to develop strategic plans that leverage the core strengths of each entity for the benefit of the entire cluster.”
 

Dr. Amina Alrustamani, Chief Executive Officer, TECOM Business Parks, said: “This consolidation is a natural step forward to maintain the growth that the company has witnessed since its inception. It is a strategic step that mandates the newly appointed Managing Directors to focus on achieving their business targets, improving customer relations, building closer relationships and cooperation between the various zones, and further enhancing efficiencies and cost savings. By grouping together business parks that focus on specific industries, we are better positioned to sustain our growth and extend all the support to our Business Partners.
 

“The reorganisation will not affect our business partners in any way.  Each business park falling under the new cluster will continue to operate as a distinct entity and the business partners will receive the same high standard services that have been the hallmark of TECOM Investments. In fact, the reorganization will offer greater value-added services and benefits to those companies based within our free zones.”
 

Dubai Internet City and Dubai Outsource Zone will fall under the ICT Cluster, with Malek Al Malek, formerly the Executive Director of Dubai Internet City, assuming the new role of Managing Director of the ICT cluster.
 

Defying a global recession, DIC has attracted 135 new companies in 2009, including global telecommunications giant AT&T and internet conglomerate Google, Kaspersky Labs Middle East, Sophos Middle East, Sonata Software FZ-LLC, Tata Communications (Middle East) FZ-LLC and IBA Health Group Limited among others. DOZ has also attracted top companies like Habib Bank Zurich, Emirates Airlines and L&T InfoTech, du, Royal Bank of Scotland, and Nokia Siemens. The cluster hosts over 1300 ICT companies.
 

Dubai Media City, Dubai Studio City and the International Media Production Zone comprise the Media Cluster. Mohammed Abdullah, former Executive Director of Dubai Media City, has been appointed Managing Director of the Media Cluster. In this role, Mohammed will focus on overall cluster strategy and contribute to industry-level initiatives.
 

Jamal Al Sharif, former Executive Director of Dubai Studio City, assumes a dual role as Managing Director of Dubai Studio City as well as Dubai Media City, a position that will see him focus on operations and advancing the value proposition of the two media brands to a wider audience.  Saeed Al Falasi, remains the Executive Director of International Media Production Zone.
 

Home to 1,400 companies, DMC successfully attracted 188 new business partners, including Arthur D Little Middle East FZ-LLC, LBi MENA FZ-LLC, Rotana Media Services FZ-LLC, Eurosport Arabia FZ-LLC, Terrapinn Middle East FZ LLC, Gfk Middle East FZ-LLC, Siegel & Gale Middle East FZ-LLC, the Coca-Cola Export Corporation, The Brand Union - Middle East and Nielsen among many others. It also organized the 8th edition of Ibda’a Awards with more than 2,300 entries submitted from around the world. 
 

Dubai Studio City saw 25 companies join in 2009 including Rhode & Schwarz, Sony BMG, Stellar Inflight, NHK, Smartsat Communications and Gulf Allied Digital Media among others. DSC also attracted 20 special projects that included feature films and TV serials.
 

A number of high-profile companies including Sony Professional Solutions Middle East, Recorder Printing, Genzyme Middle East, Springer Verlag GmbH, TTG Middle East & North Africa Ltd, Emerald Group Publishing Ltd have joined IMPZ in 2009.
 

Dubai Knowledge Village (DKV) and Dubai International Academic City (DIAC) comprise the Education Cluster, which will be headed by Dr. Ayoub Kazim as Managing Director. Dr. Kazim was previously Executive Director of both DKV and DIAC.
 

DIAC continues to propel the growth of the education sector and launched several initiatives, in 2009, including an alliance with Bayt.com to create the Virtual Education Forum. A number of its business partners have also expanded their offering. Heriot-Watt introduced two new programmes in 2009, while Hult International Business School introduced its part-time MBA programme. Recently, UNESCO indicated that over 50% of universities and colleges operating in the UAE or 25% of higher education providers in the GCC are in DIAC. With 15,000 students in the current academic year, DIAC/DKV is the largest academic zone in the country, which reflects a 25% growth in the number of students for 2009.
 

DKV welcomed 66 new companies in 2009 and is currently home to over 450 HR consultancy, assessment centers and professional development centers.  In the past three years, DKV has arranged over 188 events in which more than 22,772 of its professional community members participated.  Over the years, DKV has successfully attracted top HR firms such as Hewitt, Gallup, Towers Watson, City and Guilds, Monitor Group and others offering HR, training and consultancy services to major organizations and working professionals across the region.
 

Dubai Healthcare City, DuBiotech and Enpark comprise the Sciences Cluster.
 

Dr. Ayesha Abdullah, formerly the Senior Vice-President of Dubai Healthcare City (DHCC), has assumed the role of Managing Director of the Sciences Cluster. Ali Bin Towaih, Executive Director of ENPARK, and Dr. Marco Baccanti, Executive Director of DuBiotech continue in their posts.
 

DHCC, which received the Dubai Quality Award from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai, in recognition of its business excellence, hosts 86 clinics   and 1,700 licensed healthcare professionals.
 

DuBiotech saw a 42% increase in companies established in the free zone during 2009. In addition, the US $ 150 million Nucleotide complex was completed, providing 265,000 square feet of high tech facilities for research, training, after sales support, and product development. The facility is the largest of its kind in the Middle East. The Nucleotide complex will be home to  the National Reference Laboratory for the UAE, following the signing of an agreement with Mubadala, the investment arm of the Abu Dhabi Sovereign Fund and the US market leading Laboratory Corporation of America.
 

Other leading companies to open facilities at DuBiotech in 2009 included Germany’s Maquet and Sweden’s Getinge, leaders in surgery room equipments and Firmenich, a Swiss based company founded 150 years ago and which employs over 7,000 people worldwide. Firmenich will conduct Research and Development into fragrance and flavour products at DuBiotech.
 

Last year also proved to be a landmark period for ENPARK as it launched the Sustainable Energy and Environment Division (SEED) which highlights TECOM’s sustainable development policy and activities.  A number of high profile companies including ExxonMobil, Upstream Ventures Middle East, ETAP Lighting, and Harting Middle East became the business partners of ENPARK in 2009.
 

Abdullah Bel-Houl has been appointed Managing Director of Manufacturing and Logistics Cluster, taking over from Rashed Al Ansari, Vice President of Dubai Industrial City, who has left the organization to pursue other opportunities.
 

Dubai Industrial City marked the completion of 13,000-bed labour accommodation complex in 2009, one of the first to comply with the Ministry of Labour regulations. A number of companies joined Dubai Industrial City in 2009 including Dubai World Central, Home Centre, NAFFCO, Max Steel and Roshan Group among others. Other companies operational in the cluster include Siemens, BASF, Habtoor Motors, Arabian Automobiles, Conmix, Group 4 Security, Alec and BAFCO to just name a few. 
 

The newly created entity of TECOM Business Parks Operations is headed by Managing Director Ismail Al Naqi, formerly the Executive Director of Dubai Outsource Zone. This department caters to over 4000 companies and the 45,000 professionals as well as the 1000 investors in the various zones. It offers value added products and services across areas such as government services, investors, property management services, asset management services and advertisements and promotions services.
 
"Since the launch of its first business park, Dubai Internet City, in 2000, TECOM Investments has consistently grown to encompass many of the emirate’s leading free zones and relevant complimentary businesses that have played a central role in the growth of Dubai’s knowledge-based economy. Being an agile organization with a great sense of social responsibility, the restructuring will add further efficiency and effectiveness to its operations without compromising quality," added Abdullatif Almulla.


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