{"id":14590,"date":"2024-06-11T12:51:24","date_gmt":"2024-06-11T08:51:24","guid":{"rendered":"http:\/\/sevenluxuryrealestate.com\/?p=14590"},"modified":"2024-06-11T12:51:26","modified_gmt":"2024-06-11T08:51:26","slug":"dubai-science-park-expansion-to-raise-storage-and-logistics-capacity-by-147-percent","status":"publish","type":"post","link":"https:\/\/sevenluxuryrealestate.com\/tr\/2024\/06\/11\/dubai-science-park-expansion-to-raise-storage-and-logistics-capacity-by-147-percent\/","title":{"rendered":"Dubai Science Park expansion to raise storage, and logistics capacity by 147 percent"},"content":{"rendered":"\n<p>Expansion to raise the total gross leasable storage area to 336,000 square feet <\/p>\n\n\n\n<p><strong>Dubai Science Park Announces Expansion to Support Growing R&amp;D Demand<\/strong><\/p>\n\n\n\n<p>Dubai Science Park, the region&#8217;s leading scientific free zone, is undergoing a significant expansion project that will increase its storage and logistics capacity by 147%. This strategic initiative was announced at the recent BIO International Convention in California and addresses the rising global demand for high-quality (Grade-A) facilities in the research and development (R&amp;D) sector.<\/p>\n\n\n\n<p><strong>Enhancing Regional Innovation Ecosystem<\/strong><\/p>\n\n\n\n<p>The expansion, encompassing an additional 200,000 square feet of storage and logistics space, will empower Dubai Science Park&#8217;s existing base of over 500 companies to accelerate regional R&amp;D efforts. The park is already home to renowned industry leaders such as AstraZeneca, Pfizer, BeiGene, and GE Healthcare.<\/p>\n\n\n\n<p>&#8220;To unlock the full potential of the regional scientific industry, we must proactively address the needs of the research community driving innovation for our collective future,&#8221; stated Marwan Abdulaziz Janahi, Senior Vice President of Dubai Science Park at TECOM Group PJSC.<\/p>\n\n\n\n<p>This expansion aligns perfectly with Dubai&#8217;s strategic vision, including the Dubai Economic Agenda &#8216;D33,&#8217; the Dubai Research and Development Program, and the We The UAE 2031 strategies. It underscores Dubai&#8217;s commitment to fostering a world-class environment that fuels scientific progress.<\/p>\n\n\n\n<p><strong>Increased Leasable Storage Capacity<\/strong><\/p>\n\n\n\n<p>Scheduled for completion in 2025, the project will bring Dubai Science Park&#8217;s total gross leasable storage area to 336,000 square feet. This expansion strengthens the park&#8217;s position as a premier hub for leading companies like Epygen Labs, Elixir Pharma, and Al Wakeel Recycling.<\/p>\n\n\n\n<p>Dubai Science Park is a key component of TECOM Group&#8217;s comprehensive portfolio of business districts, alongside Dubai Internet City, Dubai Media City, and others. This expansion further solidifies Dubai&#8217;s position as a global leader in fostering innovation across diverse sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Expansion to raise the total gross leasable storage area to 336,000 square feet Dubai Science Park Announces Expansion to Support Growing R&amp;D Demand Dubai Science Park, the region&#8217;s leading scientific free zone, is undergoing a significant expansion project that will increase its storage and logistics capacity by 147%. This strategic initiative was announced at the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14594,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[5],"tags":[161,145,157,11],"class_list":["post-14590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-dubai","tag-dubai-real-estate","tag-emirates","tag-real-estate"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/posts\/14590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/comments?post=14590"}],"version-history":[{"count":0,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/posts\/14590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/media\/14594"}],"wp:attachment":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/media?parent=14590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/categories?post=14590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/tags?post=14590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}