Dubai's DIP invests USD1.08b on infrastructure


(MENAFN) Dubai Investments Park (DIP), the largest integrated commercial, industrial & residential community in the Middle East and wholly-owned by Dubai Investments PJSC (DI), said that its total investments have reached USD1.08 billion which were targeted at building and elevating its infrastructure to world-class standards, Khaleej Times reported.

Currently, DIP offers 140 kilometer of internal road network, highly-sustainable power and water supply with Dewa, telecommunications network, district cooling services across the entire business park, and 130 kilometer of fresh water network supply for irrigation and fire-fighting, which are all helping to transform the business park into a self-contained city-within-a-city.

Due to these investments, DIP has attracted over 4.500 companies across a wide array of sectors within a range of medium to light industries across aluminum, steel, chemicals, pharmaceuticals, textiles, plastics, oil & gas, construction, building materials and contracting sectors.

"Since it was conceptualized, we saw DIP as one of the best planned and operated developments in the region. With an integral population of 90,000 people, about 25,000 people driving in an out every day for work, six schools catering to over 5,700 students, 225 plots accommodating over 65,000 laborers, we are a city-within-a-city, and proud to offer quality infrastructure to our tenants and businesses," general manager of DIP said


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