Dubai Maritime City and Mubarak Marine Enter Partnership Agreement

Dubai Maritime City LLC (DMC), the world-class mixed-use maritime cluster, announced the signing of long term partnership agreement with Mubarak Marine LLC. The agreement is for the development of an industrial complex project for maritime services, shipbuilding and repair worth AED 130 million (approx. $35.4 million).

This complex will enable Mubarak Marine to establish their headquarters as well as a major marine workshop and maintenance facility. The agreement is in keeping with the overall promotion and development of business relations and national and foreign investments of companies which are based in the City.

The Maritime City has witnessed an increasing number of local and international organizations moving into the City. The City which is one of the largest man-made multi-purpose developments in the world is strategically located close to the heart of Dubai which is one of the most rapidly developing maritime centres in the world.

The project which is located within the Marine District of DMC is a district which covers an area of 106 hectares and comprises of pre-built industrial property, ship repair & building plots, yacht repair & manufacturing plots, retail units, offices and ship yard facilities and services.

DMC undertakes a continuous development of infrastructure and multi maritime facilities all of which are geared towards improving the business opportunities and investments for long term diversification of income sources. DMC also offers a wide variety of support services and assistance to business establishments for easy set up and rapid growth.

DMC is widely recognized and has been awarded the Silver Category Rating for adherence to strict environment friendly measures, optimization of marine manufacturing facilities and world class Green building technology and techniques. This award has been received from the Global Green Building Rating System which is a certification of independent verification that a building arena meets the highest green construction and performance requirements. In addition, DMC works closely with Drydocks World – Dubai under a strict system of “Zero Harm to the environment, health, safety and security” campaign to achieve its environmental conservation objectives.

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Press Release, July 17, 2013