DuBiotech
The Dubai Biotechnology & Research Park (DuBiotech) was launched by HH General Sheikh Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Minister of Defence, as part of Dubai’s 2010 vision to establish a knowledge based economy. Biotechnology is thriving and has thus been identified by the Government of Dubai as a major target area for economic development. In keeping with this vision, DuBiotech promises to be the regional centre of excellence for biotechnology.
The Park will service the entire industry, ranging from small incubators to regional offices of key biotechnology and pharmaceutical companies, to manufacturing plants. DuBiotech will have a regulatory framework, modeled on international best-practices. With this regulatory framework in place, all activities related to biotech development will be overseen and monitored, to ensure health & safety and streamlined operations for the park.
In addition, a Steering Committee made up of prominent regional and international scientists will offer guidance to DuBiotech. The Committee will facilitate full regional involvement and provide direction to ensure that in this fast-paced industry, DuBiotech is able to respond to all changes in the most appropriate manner.
Misson Realizing Biotechnology as one of the greatest intellectual Investments of today’s world, Dubiotech’s mission is built on the following objectives:
· Create, develop and advance research and development in the region. · Foster biotechnology education, training and industry support. · Offer highly developed multifaceted infrastructure and facilities. · Create and provide a supportive legal and regulatory Environment. · Building a knowledge based bioeconomy for the region. · Create an environment for every stakeholder in the biotech industry to coexist and collaborate. · Encourage innovation through educational grants, research funds etc. Benefits DuBiotech is one of many Free Zones created in Dubai over the past decade. Companies operating from DuBiotech enjoy the same business benefits, which have been instrumental in the success of hundreds of companies that have established business operations in Dubai. As part of a Free Zone DuBiotech partners enjoy a host of benefits such as:
100% foreign ownership 100% repatriation of profits 100% tax free operations. Single Window for government services Long term Leases ’’ WE ARE RESPONSIBLE FOR OUR OWN DESTINIES’’
His Highness General Sheikh Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, U.A.E Defence Minister
Website: http://www.dubiotech.com/
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