Dubai: The free zone entity Dubai Silicon Oasis Authority produced Dh544.7 million in 2020 incomes, an increment of 2.7 percent over the course of the prior year, in spite of handling the COVID-19 made effect.
In fact, there was a substantial 54 percent increase in the number of licensed entities signed up last year, with 1,731 new companies. This took the overall number operating from DSOA to 4,936. The value of major projects completed in DSO last year was Dh4 billion.
In fact, there was a huge 54 percent development in the number of approved components joined a year prior, with 1,731 new associations. This took the overall number working from DSOA to 4,936. The value of huge ventures completed in DSO a year prior was Dh4 billion.
All of which looks good for the future, With Dubai Silicon Oasis being incorporated as one of five metropolitan communities inside the Dubai 2040 Urban Master Plan, is a demonstration of its status as a proof-of-concept for smart industries of the future, as per Sheik Ahmed container Saeed Al Maktoum, Chairman of DSOA.
During the year, the Authority opened its Dh1.5 billion Dubai Digital Park (DDP) project, crossing 150,000 square meters. The bunch as of now has 80 percent occupancy rates for its office spaces and buildings.
It highlights 47,000 square meters of office space, 17,000 square meters of retail units, 235 residential apartments, and more than 5,000 square meters of plug-and-play workplaces.