"Dubai South" It attracts 415 new companies during 2024
Dubai, February 3 / WAM / Dubai South concluded the largest major urban development project that focuses on aviation, logistical services and real estate, in 2024 with a series of achievements across its various regions, and at the forefront of that 415 new companies attracting the total number of companies operating in it 4,044 companies, with average Keeping the existing companies reached 94%.
The Business Complex in Dubai saw the rental of 500 thousand square feet of office space, which represents an increase of 300% compared to 2023.
The logistical area in Dubai south registered the opening of an air regional center and a modern land for “FedEx” and a regional distribution center for “Boston Scientific” in the “Hilman Caliber Health Care Logster” facility, in addition to starting work on a new facility for “Danata Logistex” and in cooperation with ” Evocaro, “was successfully completed by the first stage of self -driving vehicle experiments in the Emirates.
As for the Mohammed bin Rashid Aviation Project, it has signed several agreements with prominent companies in the aviation sector to enhance their presence in the project, and these agreements include both “International Energy Resources” to build an advanced facility for the maintenance, repair and renovation of aircraft and the test of its engines, and the “ATCNIC” and “Liebherr” and “Ats Technic” and Liebherr companies Aerospace “, to construct the centers for the maintenance, repair and renovation of aircraft, as well as the” SG AirCraft Maintenance “and” Sun Air Aircraft Maintenance “.
The company “Tim Airbes” started working on its new facility, while “Jet Flight Services” and “Commons” opened their new facilities in the project.
Dubai South Real Estate Company has completed the first phase of the “Beach Pulse” project, which includes more than 200 units, while preparing to deliver 500 additional units in other stages by the end of the first half of this year.
The company also launched the “South Leving” project, which was completely sold, while construction work started in the project after the contractor was appointed.
The James Fawsers School officially opened its doors last year, receiving more than 500 students.
An agreement was signed with the company “BT Properties”, the largest private real estate developer in Asia, to develop a residential community marked within the golf area in Dubai South.
His Excellency Khalifa Al -Zafin, CEO of Dubai Aviation City and Dubai South, said that attracting new companies and continuing to record distinguished retention rates that reflect the confidence that the business community in Dubai South, and our continuous success in the aviation sectors, logistical services and real estate enhances our role in supporting the government’s vision and economic diversification strategies And future development plans.
He emphasized commitment to innovation, providing advanced infrastructure and enhancing sustainable development to keep pace with renewable business needs.
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