Dubai Maritime City Development Gains Momentum

Press Release
Monday, December 10, 2012
Dubai Maritime City Development Sign-up: Photo credit Maritime World Dubai

Dubai Maritime City infrastructure development speeds up as 35 percent companies agree to begin immediate plot development.

Maritime World, the umbrella body constituting Dubai Maritime City (DMC) and other maritime entities, announce that the development of the Business District of Dubai Maritime City, the global Marine and Maritime Clusters in this region, had received an emphatic boost as 35 percent of developers signed-off and agreed this week to begin immediate development of their plots. Another 40 percent of companies will sign contracts during the coming week.

The properties, constituting a substantial portion of the Business District, are multi-purpose mixed-use developments and work will be initiated within 90 days from signing the contract in the first phase of the City. The recently opened Maritime Business Centre is also a subject of keen interest and companies are already establishing their offices within the Centre. A dedicated office has been set up at the Centre to assist prospective investors and offer all support to ensure smooth registration.
   
Speaking on the consistent confidence in the City’s merits expressed by the international business and trade community, Khamis Juma Buamim, Chairman of Drydocks World and Maritime World said, “We are delighted that we are able to deliver as promised, due to the sustained faith from the business community in the credibility and huge prospective advantages of the re-engineered and well-conceived and planned City, which is well on its way to becoming an iconic development on the maritime trade and business scenario. We have committed ourselves to resolve all issues of the past and I can confirm that the City is back on track to make a definitive impact as a unique setting for future growth and progress in all relevant areas of maritime and offshore related activity. We have overcome the side-effects of global recessionary forces, and have reinvigorated our efforts as per the diktats of a resilient and buoyant market. We also encourage all those who are interested to join in as soon as possible so as not to miss the opportunity, as the time is ripe for investment.”      



 

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

ISS Inks Service Pact with Technip

Inchcape Shipping Services (ISS) and Techniphave signed a contract to provide marine agency services and logistics for the Rashid C project in the Middle East. Currently

Hercules-2 Officially Launched

MAN Diesel & Turbo, Wärtsilä and Winterthur Gas & Diesel to collaborate on major, EU-funded project.   A major cross-industry initiative led by MAN Diesel & Turbo,

ST Marine Launches First LMV for RSN

Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Launching ceremony for the first

Ports

Navis N4 TOS Open in Liverpool Terminal

Peel Ports, owners and operators of the Port of Liverpool, has achieved a major milestone in its multi-million investment program to transform the port into Europe’s

K&L Gates Welcomes Martinko

The Washington D.C., office of global law firm K&L Gates LLP has welcomed Stephen Martinko as a government affairs counselor in the public policy and law practice.

GEORG FORSTER Calls Southampton for the First Time

The CMA CGM Group announced that the CMA CGM GEORG FORSTER called England for the first time on July 6th.    With its 1,305 ft. (398m) length and 177 ft. (54m) width,

Middle East

White House: Iran Talks Deadline Could Slip

The White House said Tuesday's deadline for negotiators in Vienna to come to a final, firm agreement on Iran's nuclear program could slip. When asked if President

ASRY Inks UK Royal Navy Support Contract

ASRY and Babcock have signed a long term support facility agreement to provide ongoing services to the U.K. Royal Navy in Bahrain   ASRY (Arab Shipbuilding & Repair Yard),

San Leon Signs Moroccan Rig Deal

San Leon Energy signed a rig contract for the drilling of the El Aaiun-4 well on the Tarfaya conventional licence, onshore Morocco. The rig contract has been

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1956 sec (5 req/sec)