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Wednesday, September 17, 2008

International Media Production Zone (IMPZ), Dubai

Dubai has set its sites on becoming one of the world's premier media hubs. In order to accomplish this the Emirate, via Dubai Holding's TECOM division, has created the International Media Production Zone (IMPZ). IMPZ will feature a number of key facilities, spread over 43 million square feet of land, focused on the publishing, printing and packaging, broadcast, film, and music industries. All of the industrial, commercial, residential and community projects at IMPZ will benefit from Freehold Status and therefore will be exempt from all corporate and personal taxes-- a HUGE advantage for companies in the media industry!

Here is some of what IMPZ will offer:

> Pre-engineered units containing warehouses with offices and showrooms,
> Plots of land for businesses to build their own media production outlets,
> Office Towers for companies locating in IMPZ,
> Media Industry Complex,
> Media Tower,
> Media Production Studios: fully-equipped studios that also offer extra equipment for lease,
> Media Market: offers niche services for media professionals,
> Exhibition, Conference and Business Center: offers space for international exhibitions, seminars and events,
> Logistics Center: provides efficient inventory storage and distribution facilities,
> Publishing Pavilion: a center dedicated to the publishing industry,
> Amphitheater and Arena: offers space for big events and exhibitions held at IMPZ,
> Retail and Recreation Center,
> Residential Towers,
> White collar and blue collar residential apartments,
> Community Center,
> Transportation and Service Center: facilities for drivers and their vehicles,
> Internal Transportation System,
> Hotel.

The business offices at IMPZ will be located at Makateb, a cluster of high rise towers that will enable major companies to create prestigious corporate headquarters. Investors here will have a unique opportunity to design and build offices for their specific uses and will be leased on a long term or short term basis by IMPZ. Makateb is ideally situated, offering unprecedented access to the neighboring Emirates Road, Dubai Investment Park and Dubailand.

While IMPZ is being built an area near Makateb called The Gate will be used to house IMPZ offices, and act as a sales center for the project.

According to IMPZ, the residential area will include:

**Masaken, a complex of 38 upscale residential towers,

**The Amwaj Luxury Family Apartments is for senior executives and will consist of 15 residential towers in two parallel wave-shaped rows,

**The Terrace Residential Complex will offer residents the luxury of penthouse-style terraces with their own enclosed lawns, within a complex of 10 buildings of varying elevation,

**The Oasis Residential Complex will provide spacious and economical quality living areas for the blue-collar workforce of the print industry. All residences will be furnished with retail facilities and recreational amenities to meet the after-hours needs of their residents.

I never cease to be amazed at all of the areas Dubai is aiming to become a world leader in. This is part of the overall "Limitless Attitude" that Dubai has become famous for! I have no doubt that IMPZ will make Dubai into one of the top media centers of the world!

This link takes you to the IMPZ website:

http://www.impz.ae/

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