Error message

  • Warning: mysqli_connect(): php_network_getaddresses: getaddrinfo failed: Name or service not known in include() (line 276 of /var/www/www.monocodebase.com/htdocs/sites/default/settings/www.constructionweekonline.com.settings.php).
  • Warning: mysqli_connect(): (HY000/2002): php_network_getaddresses: getaddrinfo failed: Name or service not known in include() (line 276 of /var/www/www.monocodebase.com/htdocs/sites/default/settings/www.constructionweekonline.com.settings.php).
  • Warning: mysqli_close() expects parameter 1 to be mysqli, boolean given in include() (line 300 of /var/www/www.monocodebase.com/htdocs/sites/default/settings/www.constructionweekonline.com.settings.php).

Tecom reveals $1.5bn investment plans

Master developer to provide an additional 1mn ft2 office space in 2015

Dr Amina Al Rustamani, CEO of Tecom Investments, shows visitors around the stand at Cityscape.
Dr Amina Al Rustamani, CEO of Tecom Investments, shows visitors around the stand at Cityscape.

Tecom Investments has revealed plans to invest $1.5bn to develop an additional 1mn ft2 of office space across its business parks.

The master developer of Dubai’s leading industry-focused business parks said at Cityscape Global that new plots would be released within and adjacent to current developments in 2015.

Badr Al Gargawi, CEO development & planning at Tecom Investments, said: “Tecom Investments was born from the vision of His Highness Sheikh Mohammed Bin Rashid al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, to turn the Emirate into a knowledge economy with the announcement of Dubai Internet City in 1999.

"15 years and 11 thriving business parks later, we remain fully committed to this vision and focused on developing it further by continuing to master plan and deliver a portfolio of successful business parks.”

Al Gargawi continued: “As the market has evolved, so has our product offering and the way in which we have adjusted our focus. Enabling the growth of communities and their enhancement is a significant priority for us and we are actively seeking investors who will become partners in developing the retail, residential and hospitality products that will support our core offering.”

Most popular

Awards

CW Oman Awards 2020: Meet the winners
A round of the thirteen winning names at the Construction Week Oman Awards 2020 that

Conferences

Leaders UAE 2020: Building a sustainable, 'resilient' infra
AESG’s Phillipa Grant, Burohappold’s Farah Naz, and Samana's Imran Farooq on a sustainable built environment
CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this

Latest Issue

Construction Week - Issue 767
Sep 01, 2020