Friday, November 17, 2006

Dubai Silicon Oasis to build 750 new villas

Dubai Silicon Oasis has announced to build 750 new villas at its 7.2 million square metre facility.

It will invest Dh3.5 billion in building the villas. This will include the infrastructure, landscaping, 560 villas, staff accommodation and a sewage treatment plant as well as the DSO headquarters. Construction is slated to begin early next year.

Apart from this project, DSO has approved the construction of 40 towers with a total investment of Dh2.8 billion.

DSO is Dubai government's vision to attract investment in high-tech industries, especially electronics components, semiconductors and micro-chips.

Once the project is completed, DSO will host more than 100,000 residents who can live and work within the community.

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