Urban Tech District Intends To Build Conference And Business Incubator Facilities.
Al Jaddaf in Dubai will soon house a “district” devoted to the tech sector. 4,000 jobs in “green urban tech,” education, and training are expected to be created by the Urban Tech District. In comparison to any other city in the world, Dubai is best placed to lead the Urban Tech transformation, according to Baharash Bagherian, CEO of URB, the project’s developer. It will have a total built-up area of 140,000 sq m, making it the biggest urban tech district in the world. Dubai would then become the hub for urban innovation. It will offer spaces for meetings, training, research, and the incubation of new businesses.
Dubai already has a number of industry-specific clusters, including those for media, the internet, eCommerce, and logistics. However, these were primarily constructed by government-run businesses. URB is derived in Dubai Design District. Moreover, the emphasis on “net zero” based urban projects is highlighted on its website. Its project portfolio includes Xzero City in Kuwait and Alnama Smart City in Riyadh.
The proposed project in Dubai will according to URB, “enable the development of urban-tech solutions at a significantly larger scale.” In addition, “give innovators working on some of the most important issues relating to sustainable cities investment opportunities.” The area will offer chances for a new generation of creative businesses in need of a platform to expand quickly.
Focus On Knowledge
Additionally, there will be a special institute in the planned Urban Tech District. The developer stated that the institute would foster public-private partnerships while offering chances to test out brand-new innovations based on applied research. Therefore, in the end, it will hasten the transition of the world toward sustainable development.
What Does “URBAN TECH” Means?
Urban developments that are tech-enabled aim to address problems brought on by rapid urbanization, such as zero-mile food production, food security, affordable renewable energy, scalable, zero-waste management, low energy demand water harvesting, and waste-to-energy options.