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Urban Tech District plans to create facilities for conferences and business incubation

 

The district will provide opportunities for a new breed of innovative companies that require a platform to grow rapidly.

 

Dubai: A tech industry-focused ‘district’ is to be built in Dubai in Al Jaddaf. The Urban Tech District comes with the promise of creating 4,000 jobs in ‘green urban tech, education, and training.

It will provide facilities for conferences, training, research, and business incubation.

Dubai already hosts multiple clusters dedicated to specific industries such as media, the internet, and for eCommerce and logistics. But these have been, in the main, built by government enterprises.

The proposed project in Dubai will enable the growth of urban-tech solutions at a much larger scale and provide investment opportunities to investors tackling some of the most critical issues related to sustainable cities.

The new district will provide facilities for conferences, training, research, seminars, business incubation as well as various amenities.

Knowledge focused too

The proposed Urban Tech District will also have a dedicated institute. “The institute will provide opportunities to pilot new innovations based on applied research whilst driving public-private partnerships,” the developer said. “Thus, ultimately, it will help accelerate the world’s transition towards sustainable developments.”

Innovation will be at the heart of the Urban Tech District.

SOURCE: Gulf News

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