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HH Sheikh Hamdan to inaugurate Dubai Investments Park on March 29.

Asia Africa Intelligence Wire

| March 24, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From AME Info - ME Company Newswire)

Dubai, UAEHis Highness, Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance and Industry will iaugurate the huge Dubai Investments Park, which is being developed at a total cost of Dhs. 1.5 billion, on March 29 following the completion of the first phase of the region's only privately developed and managed fully integrated investment zone, which offers local and foreign investors a range of unique benefits, facilities and services.Work has already commenced on the second phase of the ambitious multi-phase project that is being developed by Dubai Investments PJSC on 3,200 hectares of land right in the heart of Dubai's economic growth corridor on the way to Jebel Ali Free Zone.The Park, the only one to be launched by the private sector in the Middle East, is a mixed use industrial, business, residential and recreational development offering investors pre-serviced …

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