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Dubai, UAE, United Arab Emirates, 06/28/2009 – The Dubai Silicon Oasis Authority (DSOA), the regulatory body for the region’s leading high-technology park, today announced a high-ranking delegation held a five-day visit to Japan to meet with top officials and highlight the business potential of Dubai, particularly the investor-friendly environment of Dubai Silicon Oasis.
Led by Dr. Mohammed Al Zarouni, Chief Executive Officer of Dubai Silicon Oasis Authority, the delegation officials met with the Tsunehiro Ogawa, Director General-International Trade Policy from the Ministry of External Trade and Industry (METI), and the Yasuhiro Yamada, Executive Vice-President of Japan External Trade Organization (JETRO) as well as CEOs of leading Japanese corporations operating in the field of Semiconductor and Microelectronics industry. Discussions focused on the possibility of establishing business ties as well as exchanging views on a wide range of issues of mutual interest.
Commenting on this visit, Dr. Al Zarouni said: "Dubai is already seen as a gateway to the Middle East and North Africa region. This is why we are keen to engage major Japanese firms in a dialogue that will lead to partnerships with DSO. Our talks specifically highlighted the advantages that DSO offers as a destination for Japanese firms to set up their regional base.
“The UAE is already one of the most IT enabled societies with a high degree of technology adaptation in the region. We believe the visit will further consolidate the existing synergy between technology companies in Japan and DSO and take our business ties to the next growth phase.”
Dr. Al Zarouni and the delegation also met with CEOs of leading Japanese corporations operating in the field of advanced technology, and briefed them on the investment opportunities that DSO offers. The state-of-the-art infrastructure and facilities in Dubai in general and DSO in particular, which are specifically tailored to host technology companies, were also highlighted. The DSOA delegation additionally held discussions with senior officials of reputed banks and financial institutions that could support companies seeking to operate out of DSO.
The delegation later called on His Excellency Saeed Ali Al-Nowais, the UAE Ambassador in Japan. The diplomat expressed his willingness to facilitate all communication channels between the UAE and the Japanese companies planning to commence their operations in DSO and promote the investment opportunities in DSO especially for companies operating in the Semiconductor and Microelectronics industry. Dr. Al Zarouni also commended the role the UAE Ambassador is playing in strengthening the bilateral trade between both countries.
DSO is a free zone technology park for semiconductors, microelectronics and other high technology-based companies looking to set up their regional headquarters and R&D facilities in the Middle East and North Africa region. DSOA is the regulatory body for DSO, the region’s premier integrated innovations hub for high-tech industries.
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 kilometres 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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