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About TECOM Investments

TECOM Investments

TECOM Investments, a subsidiary of Dubai Holding, develops and manages businesses that support the growth of knowledge-based industries in Dubai. Presently, TECOM Investments has interests in five industry clusters: information and communication technology (ICT), media, education, biotechnology, and energy.

Industry Clusters

TECOM Investments’ first brand,Dubai Internet City, was established in October 2000, to support and develop a cluster for the ICT sector. Dubai Media City for the media cluster, and Dubai Knowledge Village for the education cluster, were set up in January, 2001 and October, 2003, respectively.

The phenomenal success of the publishing and broadcasting segments of the media cluster at Dubai Media City led to the launch of more specialized projects: International Media Production Zone (IMPZ) in July 2003 and Dubai Studio City in February 2005.
To harness value from the burgeoning business process outsourcing sector, TECOM Investments launched Dubai Outsource Zone (DOZ) in March 2004.
TECOM Investments’ contribution to the life sciences sector is the Dubai Biotechnology and Research Park (DuBiotech) launched in February 2005.
The massive growth in demand for higher education in the region led to the launch of Dubai International Academic City (DIAC) on April 11 2007.
The Environment and Energy Park (ENPARK), was launched on June 5th 2007 to further a culture of sustainable development and provide a clean and energy efficient environment for companies to operate in.

Business-friendly environment and support services

TECOM Investments offers significant incentives for locating businesses in its business parks. Foremost is a clustered environment where businesses in the same general industry category share the same work campus. This environment puts equipment vendors, for example, next door to systems integrators in Dubai Internet City for convenient coordination. This environment also encourages networking, such as between advertising agencies and creative freelancers in Dubai Media City or between generalist academia and specialized training companies in Knowledge Village.
Businesses have a wide array of options, from long-term leases of land and putting up their own facilities to shorter-term leases of a fully-equipped desk or two for start-up operations.
Through its internal departments, sister companies and subsidiaries, TECOM Investments further supports businesses with services such as telecommunications (including managed and secure hosting by eHosting DataFort), district cooling by Empower, hospitality services ( e.g. booking of hotels, meeting rooms, car rentals, etc.), on-site and expedited issuance of business licenses, visas, etc.
In addition, companies based in TECOM Investments clusters get free zone benefits of 100% ownership, no corporate and personal income taxes and no restrictions on repatriation of capital and dividends in whatever currency.
Apart from spurring cluster development by creating purpose-built facilities and by working with the Dubai government to develop business-friendly policies, TECOM Investments also builds “pure play” businesses.