Japan's Ricoh Group opens regional HQ in Dubai's $381m Silicon Park
Japanese firm's regional commercial hub opening marks first company establishment within Dubai Silicon Oasis' Silicon Park
Dubai Silicon Oasis Authority (DSOA), the regulatory authority for the emirate’s free zone technology park Dubai Silicon Oasis (DSO), inaugurated Japanese electronics company Ricoh Group’s new regional commercial hub, which is the first company establishment in the $381m (AED1.4bn) Silicon Park constructed by the DSOA.
According to a Dubai Media Office report, the 15ha Silicon Park community comprises 7.1ha of office space, 2.5ha commercial space, 4.6ha of residential area, as well as a 112-key business hotel, in addition to 59 furnished apartments, a convention centre, restaurants, cafes, fitness centres, running and cycling tracks, a shopping centre, and underground parking that can accommodate more than 2,500 cars.
The inauguration of Ricoh Group’s regional commercial hub was attended by vice chairman and chief executive officer of DSOA, Mohammed Al Zarooni; general manager of Ricoh Middle East, Mark Thompson; deputy CEO of DSOA, Juma Al Matrooshi; CEO of Ricoh Emerging Markets Group EMEA & International, Henning Rudbech; commercial director of operations at Ricoh Emerging Markets Group EMEA & International, Barry Cook; and general manager of Ricoh International, Paul Koolmees, along with other senior officials from Ricoh, and the DSOA.
Commenting on the inauguration of the first company establishment in Dubai’s Silicon Park, Al Zarooni said: “We have worked relentlessly on the launch of Silicon Park, Dubai’s first integrated smart city project.
"Ricoh Group’s decision to launch its new office in Dubai speaks volumes of the company’s keen interest in capitalising on the potential of the region, as well as of its trust in the emirate.”