26 May 2008

IMPZ Extends Utilities Network to Cover Entire Premises

International Media Production Zone (IMPZ), a member of TECOM Investments, today announced its utilities network is now fully functional and accessible to the operational areas of the cluster for the benefit of its existing business partners. A 132KV substation, set up at a cost of AED80 million, was commissioned in October 2007, while a second substation is scheduled for completion in 2011.




Based on the current inflow of business partners, IMPZ anticipates a phenomenal upsurge of new entities seeking to establish a regional presence in the free zone. In order to provide a seamless supply of reliable power, IMPZ will eventually boast a total of five substations generating nearly 800-MW across the entire facility at the world’s only free zone dedicated to the printing, publishing, packaging (3P) and graphic arts industries.




In October 2007, IMPZ completed its AED235 million infrastructure for the 43 million square feet destination. The Pre-Built Units (PBU) have been energised by Dubai Water and Electricity Authority (DEWA), enabling investors to commence operations at the 106 world class showrooms and multi-purpose warehouses.




Hamad Huraiz, Executive Director of IMPZ, said: “Since the last quarter of 2007, the first of IMPZ’s five substations has been energized to supply power to the industrial and residential areas in the free zone. We are delighted to inform our potential and existing partners that once a project is completed, the power network can be immediately energized.




"IMPZ continues to provide its business partners with the necessary tools to support their daily operations, allowing them to conduct their activities efficiently.”




IMPZ business partners that have started operations at the industrial area include companies such as Kimpex, paper supplier, and Masar Printing and Publishing, a commercial, industrial and web printer, while Media Innovations, providers of innovative services to advertising companies, and Regraph Die Tech, a paper trading entity, recently moved into its pre-built unit facilities.




Leading regional and global names in the printing, publishing, packaging and graphic media industries continue to locate their businesses at IMPZ for its immense advantages as a free zone cluster.




Strategically located 10 minutes from the upcoming Al Maktoum International Airport in Jebel Ali, 35km southwest of Dubai, IMPZ is conceptualised to complement Dubai’s vision of becoming a global media destination and provide a pro-business environment in the midst of a unique production cluster.




About the International Media Production Zone




Dubai's International Media Production Zone (IMPZ) seeks to create a unique cluster environment for media production companies from across the industry value chain, and from across the world, to interact and collaborate effectively. IMPZ will be exclusively catering to the graphic arts, printing, publishing and packaging activities. As a master developer, IMPZ will provide an environment of growth by building key facilities, investing in infrastructure, and forming a unique free zone that incorporates industrial, commercial, residential and community service projects under its mantle. The vast complex will be housed on a territory of over 43 million square feet of land, in the heart of commercial Dubai. The IMPZ initiative is part of Dubai's vision to develop itself into a global media hub. It will provide a pro-business environment, sophisticated technology and community infrastructure to support and foster the growth of media production. http://www.impz.ae/

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