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FINANCIAL NEWS
UAE’s Creative Clusters to make USD1.22b investment in Dubai
16 Jun 2015
(MENAFN) The Creative Clusters Authority is set to undertake USD1.22 billion investment in d3 Creative Community and the Innovation Hub at Dubai Internet City, an official statement said, Gulf News reported.
Dubai’s population is presently growing at a 4 percent rate, but the Creative Clusters are increasing at a double annual speed of 8 percent, according to the firm’s Director General, who stressed the need for providing extra space over the next six years.
“We have a 10-year plan for all the clusters. We have other investments in other parks also,” the Director General of Creative Clusters Authority said in a statement.
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