Is the first initiative of its kind in the world to establish a free zone dedicated entirely to biotechnology activities, and Dubai is expected to allocate $ 400 million for the project. The first phase is scheduled for completion in early 2006.
The project is a new step in the plans and projects of the region's transition to the knowledge age, and a qualitative shift in the UAE's direction to boost its economic growth momentum and strengthen its position at the regional and global levels.
The project will be located in the vicinity of the Dubailand project on a total area of 21 million square feet. The total area of buildings and facilities within the complex is expected to reach more than 30 million square feet, including a variety of labs, laboratories and research and development centers In addition to sterile laboratories and business incubators. The project will also provide various office spaces and residential buildings to provide living opportunities that fit the needs of the workers in the complex.
In the area of promoting new ideas and projects, the Synod will allocate a funding arm whose mission is to provide financial support for research initiatives, business incubators and joint ventures.
The project is a new step in the plans and projects of the region's transition to the knowledge age, and a qualitative shift in the UAE's direction to boost its economic growth momentum and strengthen its position at the regional and global levels.
The project will be located in the vicinity of the Dubailand project on a total area of 21 million square feet. The total area of buildings and facilities within the complex is expected to reach more than 30 million square feet, including a variety of labs, laboratories and research and development centers In addition to sterile laboratories and business incubators. The project will also provide various office spaces and residential buildings to provide living opportunities that fit the needs of the workers in the complex.
In the area of promoting new ideas and projects, the Synod will allocate a funding arm whose mission is to provide financial support for research initiatives, business incubators and joint ventures.