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Porsche Selects Dubai Silicon Oasis for its MENA Headquarters - New training center to be located in the region’s premier technology innovations hub
Porsche Selects Dubai Silicon Oasis for its MENA Headquarters

 

PRZOOM - /newswire/ - Dubai, UAE, United Arab Emirates, 2008/04/02 - New training center to be located in the region’s premier technology innovations hub.

   
 
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Dubai Silicon Oasis Authority (DSOA) announced today that Porsche, one of the world’s leading car manufacturers, will establish its Middle East and North Africa regional headquarters within the region’s premier integrated innovations hub for high-tech industries.

The German car manufacturer will be locating its regional training centre for its experts, engineers, and technicians. Moreover, Porsche will continue, through its 6,000 sq meter facility, supporting its partners in the GCC, Levant, and African countries on all aspects including sales, after sales, marketing and training.

Shahla Ahmed Abdul Razak, Deputy Chief Executive Officer – DSOA signed the agreement with Deesch Papke, Managing Director- Porsche Middle East and Africa. Shahla Abdul Razak said: “The new headquarters for Porsche will complement our rapidly growing portfolio of leading global entities. We are confident our enabling services will match the high quality standards demanded by distinctive brands and contribute towards supporting their business objectives. Moreover, the placement of technical engineers at the Porsche headquarters falls in line with DSOA’s comprehensive strategy, especially that the number of engineers operating from within a technology park determines its level of success.”

She added: “As already known, electronics are considered the most important variable in the automotive industry, for they constitute the majority of the car systems and mechanics. Therefore, the partnership with Porsche goes in line with our long-term strategy to develop a diversified portfolio of world-class partners who will contribute to positioning DSO as a technology hub not only in the Middle East but across the world.”

Acknowledging the sizeable cost benefits offered by Dubai Silicon Oasis, Deesch Papke said: “DSO’s sophisticated infrastructure and high quality services will significantly help us meet our operational and business needs.

“Dubai Silicon Oasis’ prime location works well for us in terms of business-ability. The hub also reflects Porsche’s philosophies of high technology and superior engineering. As Porsche continues to increase its presence around the world, we will continue to add new products that will enhance our already broad spectrum of sports models.”

DSOA is a wholly-owned entity of the government of Dubai, operating as a free zone technology park for semiconductors, microelectronics and other electronic-based companies looking to set up their regional headquarters and R&D divisions.

About Dubai Silicon Oasis
Dubai Silicon Oasis Authority (DSOA), a 100% owned entity by the Government of Dubai is a free zone, strategically placed on the Emirates road. DSOA’s urban master-planned community spans 7.2 square kilometers of state of the art office towers, R&D and industrial zones, educational institutions, luxury apartments, villas, hotels, healthcare and a full range of lifestyle facilities which translate into a dynamic commercial and social environment. Businesses can flourish under the unrivalled package of incentives, including 100% ownership, and high end IT infrastructure that allows companies to begin operating immediately.

 
 
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Agency / Source: Dubai Silicon Oasis Authority

 
 

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Porsche Selects Dubai Silicon Oasis for its MENA Headquarters

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Contact: Mazen El Dirany 
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PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Dubai Silicon Oasis Authority securities in any jurisdiction including any other companies listed or named in this release.

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