Strong interest in DIC real estate, Avaya opens base there

11 December 2002

Fourteen private companies have expressed an interest in investing in real estate projects at the Dubai Technology, e-commerce and Media free zone, a management official told local daily Gulf News on 10 December. The free zone, made up of Dubai Internet City (DIC) and Dubai Media City, was launched in October 2001 to provide technology, Internet and media-related enterprises with an infrastructure and environment conducive to competitive advantages (MEED 30:3:01). DIC is currently undergoing an expansion programme.

On 10 December the US' Avaya, a provider of business communications networks, officially opened a $250,000 base in DIC. The Systimax Centre, according to a company statement, is one of only four such facilities operated by the company. In October 2000 DIC awarded Avaya the contract to supply it with a gigabit cabling infrastructure system (MEED 20:10:00).

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