Thursday, May 24, 2007

Dubai Silicon Oasis launches Dh.1.55bn villa project

Dubai Silicon Oasis (DSO) has launched a Dh.1.55billion project to build 1,042 villas. According to a statement released yesterday, the construction work has already begun at the hi-tech hub of the region, and is scheduled for completion towards early 2010.

The Dubai Silicon Oasis Authority CEO and Vice-Chairman, Dr.Mohammed Al Zarouni said "We believe that providing high-quality standards in a safe and comfortable environment is a fundamental requirement for our partners at DSO. Therefore, we made sure that projects under development assure the highest international standards in term of duality, facilities and services."

The project, located within the DSO on emirates road, will be a gated community development with shopping complex, house, play areas and swimming. The Villas will comprise of executive, luxury, twin and town sq.ft. respectively. The project will be designed in Arabic, modern and traditional.

DSO already functions as a free zone technology park for micro-electronic and other high-tech companies who are on the look out for setting up their regional headquarters in the Middle East and Africa.

Recently, the Silicon Oasis authority entered into an agreement with Avava to facilitate an IP telephony network for its new office.

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