Projects of The Dubai Development & Investment Authority (DDIA)

Mohammed Bin Rashid Establishment for Young Business Leaders

The Mohammed Bin Rashid Establishment for Young Business Leaders was launched on June 12, 2002 as the first initiative of the Dubai Development and Investment Authority. The vision of the Establishment is to nurture the domestic entrepreneurial spirit in Dubai and catalyze the development and growth of a key sector of the economy, the small and medium business sector. The Establishment’s core mission is to encourage and facilitate the development of local businesses and entrepreneurial activity in Dubai. To this end, the Establishment offers various incentive measures and well coordinated programs to the local business community. The services of the organization extend to both entrepreneurs with an existing business and starting entrepreneurs.

Dubai Healthcare City

Dubai Healthcare City (DHCC) was launched on November 5, 2002 as an initiative with a purpose to provide the highest quality of healthcare services to medical care and wellness seekers from the region by creating a world-class cluster of healthcare professionals and service providers at the heart of Dubai. DHCC aspires to provide state-of-the-art medical care services in selected disciplines that are relevant to the health problems facing the patients in the region. DHCC will be spread over an approximate area of 14 million square feet. The Academic Medical Center; consisting of a general hospital coupled with specialized hospitals, Post-Graduate Medical Institute and Nursing School and a Life Science Research Center. The AMC will be complemented by a medical and wellness cluster of private facilities. The combination of these components will enable Dubai to leapfrog to the forefront of regional medical practices, establishing itself as the healthcare hub of the region.

Dubai Humanitarian City

The Dubai Humanitarian City (DHC), launched on September 8, 2003 is an initiative focused on facilitating humanitarian efforts on a global platform. The DHC, first of its kind, envisions a single stage from which humanitarian organizations can launch their efforts in an apolitical environment, solely focused on providing assistance to nations in need. The potential of developing a new humanitarian network between United Nation agencies, Independent International Organizations, Government Development Departments and Non-Government entities working for the betterment of a global community, is immense.

In effect, the goal is to perpetuate networking between the world's most active humanitarian organizations, by providing logistical, operational and facilitative support services. Furthermore, the presence of such organizations under the same roof, allows for optimal coordination to address global emergencies and other relief efforts in a manner never available before. Organizations responding to humanitarian emergencies can exclusively focus on improving efficiency, as DHC is designed to facilitate effective implementation, for both short and long term humanitarian commitments.


Dubailand

Dubailand, a project launched on October 21, 2003 is the latest in a series of successfully executed projects which have confirmed Dubai's position as a global commercial hub, with central access to a neighbouring region of 1.5 billion people and a combined GDP of US$ 1.1 trillion. Dubailand, a product of extraordinary vision was conceived on a phenomenal scale. It is set to be the most ambitious tourism, leisure and entertainment destination ever created and home to some of the world's premier and unique attractions built on an area of 2 billion square feet. Dubailand has been designed to appeal to the widest tourist segments across genders, age groups, world regions and activity preferences.

Dubailand will serve the exponentially growing leisure and tourism market and enable Dubai to achieve its goal of attracting 15 million tourists in 2010. Dubailand is a professionally conceived and planned project with a state-of-the-art infrastructure including world-class safety standards, zoning regulations, landscaping, utilities and facilities management. Dubailand will follow a phased approach to the implementation of its projects. The project will consist of six worlds including the Attractions and Experience World, Eco-tourism World, Downtown, Sports and Outdoor World, Themed Leisure & Vacation World and finally the Retail and Entertainment World. The launch phase will extend from 2004 to 2006. The first phase will include further infrastructure development and will extend from 2007 to 2010.

Dubai Mercantile Exchange

The DME is to have a trading floor and clearing house as well as training institutions and NYMEX which will offer top UAE candidates internship in New York. The Authority's plans for DME involve creating a platform from which the entire Middle East can participate in the commodities value chain. The DME has come in a time where the Middle East, home to 65% of the world's crude oil and 40% of the world's natural gas reserve, is one of the world's major trading hubs without a commodity exchange. DME will enable the region to become a serious player in the world's energy and commodities markets and will provide a mechanism for managing risk in a regulated and well structured environment.


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