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By
providing advanced infrastructure, freedom of capital
movement, and tax-free income, private sector investment
has flooded into Dubai from around the world. Following
this success, the Government launched the first technology
and media free zone in the world – ‘Dubai
Technology and Media Free Zone’ comprising : Dubai
Internet City, which has become a world base for e-business
and ICT industry; Dubai Media City, which has blossomed
into a media community hosting numerous international
companies; and Knowledge Village, which is a vibrant learning
centre positioning Dubai as the Middle East centre of
excellence for learning and innovation, housing a diverse
community of knowledge-focused organisations.
Finally, Dubai is developing ‘Dubai Healthcare City
(DHCC)’ with the goal of creating a regional center
of excellence for medical services, medical education,
and life science research and development in the Middle
East enriched by international health care providers.
To
develop, we have to transform our economy into an e-economy,
and our society must become a knowledge-based one. It’s
a long, hard road and we are still at the beginning. The
successful team is the one that makes 1 plus 1 equal 11.
His Highness Sheikh Mohammed bin Rashid El Maktoum, Dubai
Crown Prince and Minister of Defence of the UAE, 13th
December 2004
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