Dubai Urban Tech District, a new project by the UAE-based company URB, will bring 4,000 jobs to the emirate of Dubai. According to a statement released on Tuesday, it will be the biggest urban technology area in the entire world.
The District, which is situated on the Creekside of the Al Jaddaf neighborhood in Dubai, will generate jobs in the fields of green urban technology, education, and training.
According to estimates, the global urban tech sector is currently worth $158 billion and will expand quickly over the next ten years. The issues posed by urbanization in a variety of areas, including zero-mile food production, food security, inexpensive and scalable renewable energy, low energy demand water harvesting, zero-waste management, and waste-to-energy solutions, are being addressed through tech-enabled urban developments.
“Dubai is best positioned to lead the Urban Tech transformation than any other city in the world. The Urban Tech District will be a new global tech hub for urban innovation. With a total of 140,000 square meters of built-up area, it will be the world’s largest urban tech district. Thus making Dubai the center for urban innovation,” said Baharash Bagherian CEO of URB.
The new zone will offer conference rooms, training grounds, research labs, seminar rooms, business incubators, and other attractions. All of the building’s embodied carbon emissions during construction and use will also be offset. A low-carbon workforce will be made possible by the development’s role as a net zero-carbon district in lowering the carbon footprint of its partner companies.
The district will make it possible for urban-tech solutions to develop on a much greater scale and will also give innovators working on some of the most important sustainable city concerns access to funding opportunities. The area will offer chances for a new generation of creative businesses in need of a platform to expand quickly.
The urban tech institute, which will nurture the subsequent generation of urban tech leaders, will also be located in the district.