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DIP boosts UAE’s industrial boom, attracts over 3,500 companies

Sunday, October 19, 2014

Dubai Investments Park [DIP], the largest integrated commercial, industrial & residential community in the Middle East and wholly-owned by Dubai Investments PJSC [DI], has continued to play a pivotal role in UAE’s industrial and manufacturing boom by attracting over 3,500 companies across a wide array of sectors over the last 17 years.

DIP, the torchbearer in the development and management of business parks in the region, is today a powerhouse in manufacturing, offering a range of medium to light industries across aluminium, steel manufacturing, chemicals, pharmaceuticals, textiles, plastics, oil & gas, construction, building materials and contracting sectors.
A total of approximately 59.5 million square feet of space within the 2,300-hectare DIP are readymade facilities, which includes 3,000-plus warehousing and industrial units besides staff accommodation. These encompass a number of factories, dealing in medium to light manufacturing, which contribute a significant share to UAE’s GDP.
Given the success and huge demand for DIP as a thriving industrial hub, the park has attracted a number of multinationals and international brands, including Danzas, Aujan Industries, Transmed, M.H. Al Shaya, Dubai Refreshments Company [Pepsi], Permasteelisa Gartner ME LLC, Mapei-Innovative Building Solutions, Larsen & Toubro [L&T], Weatherford Oil Tool among others. A number of companies have set up their regional headquarters within DIP.
Mr. Omar Al Mesmar, General Manager of DIP, said: “Dubai Investments Park has pioneered the model of community development with its bustling business and residential concepts as also staff accommodation. DIP was conceptualized with a mission to bring new businesses and industries in a comprehensively-planned business complex. Today, we are proud to be home to over 3,500 companies from various sectors – industrial to manufacturing to trading who have set up base in the park. In fact, DIP serves as a regional gateway for a number of companies.”
He added: “DIP is the most sought-after business park in the region and we provide investors and manufacturers the perfect breeding ground with the best and most-advanced infrastructure. The number of industrial units and factories within DIP is steadily growing and we have also witnessed increased demand for our warehouses. Our proximity to the Expo 2020 site is also fuelling the demand for manufacturing space as well as accommodation and we are geared to sustain this growth in the coming years.”
Born out of a pioneering vision by DI, DIP is today a booming city-within-a-city, accentuated by over 30 office buildings, 25 showrooms, five schools, three hotels, besides 292 residential & staff accommodation buildings. As a world-class development, DIP extends unrivalled infrastructure, modern facilities, and quality services for a host of industries, be it manufacturing, housing, academic, research, distribution or logistics, among others.
The growth of DIP mirrors the success achieved and surging demand for industrial parks in the UAE. According to Knight Frank research released in July 2014, rental values in industrial parks such as DIP have experienced double-digit growth compared to last year. Rentals in Class 2 buildings in DIP have gone up by 47% year-on-year while those in Class 1 buildings in DIP have risen by 29% over 2013.
DIP also offers 104-km of internal road network, adequate supply of water and electricity, ultra-modern cooling plants, excellent waste management system and recycling facilities, a sophisticated telecommunications network and up-to-date staff amenities, making it the preferred choice for all types of ventures – from processing to assembly of products, manufacturing units, research and developmental laboratories.
DIP is one of the largest business and residential communities in the Middle East. Strategically located within minutes from the Jebel Ali Port and Dubai World Central as well as Al Maktoum International Airport, DIP is a self-contained city offering state-of-the-art facilities and world-class infrastructure.​