TECOM Investments: a leading cluster developer
Introduction to Enpark
p
The Energy & Environment Free Zone
2010
TECOM Investments: a leading cluster developer
TECOM Investments based in the Middle East’s commercial hub Dubai, United Arab Emirates, is
a member of Dubai Holding, a global company dedicated to knowledge and life-improving
industries. A creator of vibrant knowledge industry clusters, TECOM Investments is currently
active in sectors such as Information and Communication Technologies, Media, Education, Life
Sciences Clean Technology and Industrial
Sciences,
Industrial.
Clusters’ overview
Dubai Internet City (DIC) provides a strategic and
cost effective platform for ICT companies
targeting emerging markets in a vast region
extending from the Middle East to the Indian
subcontinent, and from Africa to Central Asia.
Companies operating in DIC include Microsoft,
Hewlett-Packard, Canon and Sony-Ericsson
among others.
Dubai Outsource Zone (DOZ), is the first free
zone in the world dedicated to the outsourcing
industry It offers the perfect base for both captive
industry.
and third-party outsourcing operations to provide
mid and high-end services in areas such as
finance, accounting, IT, payroll processing,
engineering, R&D and design.
Clusters’ overview
Dubai Media City (DMC) is the place where
activities such as Media Consultancy, Publishing,
Music, Film, New Media, Leisure & Entertainment,
Broadcasting, Media & Marketing Services, and
Business and News Agencies thrive. Companies in
DMC include CNN, MBC, Leo Burnett and many
others.
Dubai Studio City (DSC) was designed to accelerate the
growth of the broadcast, film, television and music
production industries through provision of an ultra-modern
facility integrating every component of content production &
broadcast under one roof. Spread across 22 million sq.ft., it
includes production, post-production, broadcast, equipment
rental, freelancers, commercial offices, business centre and
satellite facilities among others. Its many business partners
also include ENDEMOL Middle East.
International Media Production Zone (IMPZ), is
a unique cluster for media production
companies, offering the perfect environment for
media
di production
d ti companies
i ffrom across th
the
industry value chain, and from across the world.
Clusters’ overview
Dubai International Academic City (DIAC),
located in Dubai Academic City, is the
world’s
ld’ only
l F
Free Z
Zone dedicated
d di t d tto hi
higher
h
education. Spread across an area of 25
million square foot, the DIAC campus
provides an environment of vitality and
inspiration for students and faculty.
Universities operating in DIAC include
Heriot Watt, Manchester Business School,
University of Phoenix and many others.
Dubai Knowledge Village (DKV), places the
Middle East on the map as the first and
largest community for Human resources
management professionals. Among the
business partners Palladium, Gallup and
Hewitt Associates.
Clusters’ overview
Dubai Industrial City (DI) was launched as a landmark project and a
business district to catalyze and support the development of the
manufacturing sector through the provision of superior services, a
commitment to q
quality,
alit health and safet
safety and the de
development
elopment of a
unique live-work-play-learn environment in a special economic
zone. Third largest non-real estate project in Dubai (560 million
square feet of land). Sectors: Machinery & Mechanical equipment,
Transport Equipment and parts, Base Metal, Chemicals, Food and
Beverage and Mineral Products.
Clusters’ overview
Dubai Healthcare Cityy (DHCC)
(
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provides modern
medical services in the disciplines relevant to the
health issues facing the region and internationally.
These include cardiology, oncology, diabetes as
well as providing a basis of other preventive, health
maintenance and rehabilitative services.
Dubai Biotechnology and Research Park
(DuBiotech) is Middle East’s
East s first Life
Science hub fostering collaborations and
innovation through its commitment to Life
Science research, education and industry nationally and internationally.
Climate change: a global and regional challenge
“We recognize that preserving our energy resources will be one of the
greatest challenges in our drive towards sustainable development.This,
however, will not materialize unless the different facets of our society
adopt energy conservation principles in their core values.”
Hi Hi
His
Highness
h
Sh
Sheikh
ikh M
Mohammed
h
d bi
bin R
Rashid
hid Al M
Maktoum
kt
Vice President and Prime Minister of U.A.E. and Ruler of Dubai
"If we did not take action to solve this crisis, it could indeed threaten the future of
human civilization. That sounds shrill. It sounds hard to accept. I believe it's deadly
accurate. But again, we can solve it.” - Al Gore
MENA: Development Challenges &
Business Opportunities
The Development Challenge
9 The UAE is the highest consumer of fresh water for all purposes compared
to its western counterparts with 500 liters per day per person
9 Demand for electricity is rising at more than twice the global average at 7-10
percent per year
9 If everyone were to live and consume like the population of the UAE, we
would need 10 planets (largest global footprint)
The Market Potential
9
9
9
9
9
9
9
9
9
9
The UAE ratified
Th
tifi d the
th Kyoto
K t protocol
t
l in
i JJanuary 2005 (N
(Non-Annex
A
I)
I);
Dubai green building code to be launched in Q1 of 2010;
All hotels in Dubai have to reduce carbon emissions by 20% by 2011;
Abu Dhabi has set a 7% renewable energy target by 2020;
TECOM Launches the Sustainable Development
p
Policy
y 2007;;
IRENA locates its headquarters in the UAE in June 2009;
Saudi Arabia government committed US$120bn investment from 2002-2022;
Jordan targets 10% renewable energy share by 2020;
Morocco Launches US$13 bn renewable project for 2020;
Abu Dhabi budgets US$12 bn for power
power, water projects from 20102010 2015.
2015
TECOM Investments responded by…
1st Launching Enpark as a free zone for Cleantech companies
&
2nd Creating the internal
Sustainable Energy
gy and Environment Division ((SEED))
Enpark Initiative
Vision
To advance the sustainable development industry in MENASA
Mission
To be
T
b an energy and
d environment
i
tb
business
i
park
k
that contributes AED 1bn annually to the energy
and environment industry by 2014
Cleantech projects at TECOM
Enpark Initiative
– ergy
– vironment
Creating a community where Sustainability
principles and practices are applied for the
enhancement of Dubai’s economic,
educational, environmental and social fabric.
Enpark Location
Enpark will be located on more than a 8 million sq feet site
next to Emirates Road and Dubai International Academic
City.
Well connected:
A convenient location near Dubai International Airport – only 30
minutes away from daily flights to hundreds of destinations
worldwide
Emirates Road: a national ring road directly connecting Dubai
with the capital (Abu Dhabi) and the other Emirates of the UAE
45 minutes away from Dubai’s main port; Jebel Ali Port – the
biggest port in the Middle East
Enpark Key Sustainability Initiatives
Sustainable Infrastructure and Buildings
• Certified Green Buildings
• Infrastructure Energy Efficiency
• Energy
gy Efficiency
y in Buildings
g
• District Cooling
• Waste Water Management Programme
• Community-wide Recycling Programme
• Utilization of Construction & Demolition Waste
• On-Site Renewable Energy
gy
• Reduced Automobile Dependence
Currently Enpark licensed companies have the option to choose
any location in the TECOM Free Zones
Free Zone Benefits
•
100% Tax Free
•
100% foreign ownership
•
No Corporate Tax
•
N IIncome tax ffor 50 years
No
•
No Custom Duty
•
y convertibility
y
Full Currency
•
No restrictions on capital, trade barriers or quotas
•
Hassle-free Company registration
•
Hassle-free company laws and legal framework
Please see our Free Zone laws for more information on the benefits, rules and regulations
Licensing Categories
Enpark licenses fall in these categories:
•
Renewable Energy
•
Energy Generation
•
Green Buildings
•
Water and Waste water
•
Recycling & Solid Waste
•
Energy Efficiency Equipment
•
Energy Storage
•
Energy Transmission & Distribution
•
Air & Environment
•
Transportation
•
Organic Products
•
Associations / Non-profit Organizations from the fields above
Enpark: Diverse Business Partners
ENPARK: the 3 stages of the registration process
1
Obtaining pre-registration approval – 5 working days
Initial meeting
Enpark supplies information on licensing categories
categories,
template business plan and application forms
2
Applicants submit completed application forms,
forms business
plan and the required passport copies to obtain preregistration approval to join Enpark
Registering
eg s e g the
e co
company
pa y a
and
d depos
depositing
g pa
paid-up
d up cap
capital
a – 3 to
o 4 working
o
g weeks*
ee s
Collecting legal documents
Subject to approval, Enpark will supply checklist of all
legal documents needed to proceed and will advise
clients on licensing and office fees
3
Provisional approval
Opening corporate account
After submission of documents, a letter to open a
corporate account will be supplied to applicant – for
depositing necessary paid-up capital for FZ company
Confirming license and office details and issuing license – 5 to 10 working days*
Signing confirmation documents
After opening corporate account, Enpark will invite
applicant to confirm FZ incorporation documents and
fees payable
Issuing license
TECOM authority to verify documents and issue license
and lease of the free zone office after required initial
payments are received
To learn more, visit
* It may take up to this amount of time depending on shareholder structure of proposed entity, legal framework
selected (FZ-LLC or FZ-Branch) and time taken by applicant to open corporate account and deposit paid-up capital
www.enpark.ae
ENPARK: focal points for registering your company
Mr. Ahmed Lootah
Telephone: 04 364 2067
Mobile: 050 518 0707
Email: ahmed.lootah@tecom.ae
Ms. Huwaida Atrach
Telephone:
p
04 369 2241
Mobile: 050 587 6518
Email: huwaida.atrach@tecom.ae
Key information and links:
• www.enpark.ae: How to register, partner profiles and industry news
• www.tecom.ae:
www tecom ae: TECOM Business Parks
Parks, Free Zone Authority,
Authority Rules and
Regulations and quick links to Government Services and Registration and
Licensing portals (click on Quick Links Æ Community Guide / Government Services)
SEED
Sustainable Energy & Environment Division
SEED was created in August 2006 to drive the implementation of the Sustainable
Development Policy at TECOM Investments.
SEED works to create CLEANTECH projects
tthat
at help
e p improve
p o e TECOM’s
CO s fiscal,
sca ,
environmental and social performance.
Energy and Water Conservation Programme that
reduced TECOM’s carbon footprint and utility
costs by 10% in 2008
Solar photovoltaic lighting for car park at Dubai
Outsource Zone, making it carbon neutral with
zero ongoing utility costs for lighting.
25%
30%
100%
• Reduction in energy
consumption by
y 2011.
• Reduction in water
consumption by 2009.
• New buildings to be
LEED™ Silver certified
starting 2006.
100%
• Existing buildings to be
LEED™ Certified
C tifi d b
by 2011.
2011
20%
• Staff to be trained in
sustainability awareness
every year
The largest
Th
l
t certified
tifi d green b
building
ildi in
i the
th UAE –
DIAC Phase 3 is highly resource efficient,
environment friendly and productive.
Recycling programme that is designed to cut
waste management costs and help protect the
environment through a social programme.
Halogen phase out programme that is designed
to cut lighting costs by up to 90% and reduce
carbon footprint
Details of all projects can be found in one of the
first sustainable development reports from the
region downloadable from www.enpark.ae
How SEED works
SEED drives the
sustainable
development
policy at TECOM
Sustainable
development
policy requires
cleantech
projects to be
implemented
Enpark licenses
companies in the
field of cleantech,
who can take
advantage of the
project
opportunities at
TECOM and within
the region
SEED’s
SEED
s implementation of the SD Policy has created
Cleantech projects worth an estimated
AED 30 million till date.
Awards
Best Company ‘07
Alternative Energy Awards in
Qatar
Energy Engineer ‘07
Company of the Year ‘08
Energy Engineer 08
October 2009 “Environmental Excellence”
at CSR Summit, Dubai, UAE
Private Corporation ’08
January 2009, “Excellence in
Environmental Projects &
Products – Future Projects”
for Enpark
Meet the Team
TECOM Investments: a leading cluster developer
For more information kindly visit
www.Enpark.ae
or emailil us at info@enpark.ae
i f @
k