Tecom Group's Dubiotech and Enpark join to form Dubai Science Park
Date
10/18/2015 4:56:09 AM
(MENAFN- Emirates News Agency (WAM))
DUBAI 18th October 2015 (WAM) -- As part of TECOM Group's commitment to driving innovation in science the company has announced that Dubai Biotechnology and Research Park DuBiotech and the Energy and Environment Park EnPark will operate under a joint umbrella to be known as Dubai Science Park DSP. This development is a reflection of TECOM Group's overall strategy to operate and develop innovative communities aimed at enabling business success.
The newly formed life science new energy and environment business community Dubai Science Park is the realisation of a continued commitment to respond to the evolving needs of the industry allowing for increased collaboration and innovation.
Dubai Science Park will continue to support both SMEs and global firms looking for a regional base for their Middle East operations by facilitating a bespoke yet vibrant community. It will create a holistic environment for organisations across the life sciences and energy industries by continuing to offer flexible bespoke products and services for every facet of the science sector.
The new identity Dubai Science Park is a step towards the ambition to deliver Dubai's innovation strategy and diversify the economy through the development of the life science energy and environment sectors.
DuBiotech was established in 2005 to support the Government of Dubai's vision to transform the emirate into a knowledge-based economy and develop the region's life science sector and its talent pool. Its sister park EnPark which was founded in 2007 has been widely recognised for its work in the field of sustainability and the development of environmental products and initiatives winning a number of high profile awards such as the "UAE Green Brand" in 2012.
The new brand has brought two promising markets together life sciences and new energy and environment. Over the past 50 years science innovation has contributed to the world through breakthroughs such as vaccines telemedicine and robotic surgery. For emerging markets looking to capture a segment of the life sciences market medical technology and health informatics look to provide a promising avenue. In addition to this the region is increasingly focused on alternative energy solutions.
Marwan Abdulaziz Executive Director Dubai Science Park said "DuBiotech and EnPark have been successful business communities for many years. However as they have evolved we have seen the opportunity to further drive growth and development and as such we have combined the entities to achieve greater innovations and serve the wider business community.
"The new brand Dubai Science Park in partnership with more than 280 business partners is focused on achieving our vision of becoming the most innovative and vibrant science community in the Middle East - a place where employees and their families can work live and flourish."
WAM/Esraa/Moran