Final phase of Dubai Investments Park launched 

(MENAFN - Khaleej Times) Dubai Investments Park, or DIP, a wholly owned subsidiary of Dubai Investments PJSC, has announced the launch of phase 8 - the final phase of the 2,400 hectare mixed used development.

The 500,000 square meters Phase 8, which is being constructed at a cost of Dh 300 million, is expected to be a hub for logistics services as a significant portion of land has been allocated for this sector.

"The launch of the final phase is a significant achievement for DIP, especially considering that almost all the infrastructure is already in place. It also signifies the steady growth of DIP over the years and reinforces our position as one of the fastest growing investment destinations and among the best-equipped mixed use developments in the region," said Omar Al Mesmar, General Manager, Dubai Investments Park.