Dubai Knowledge Village Offers The Perfect Environment For A Knowledge-Based Economy
For several years now, Dubai has been a magnet for tourists from all around the globe as it has been very successful in providing visitors with all the facilities they need for a wonderful trip. The tourism industry’s effort to draw millions of foreign investment into the country has paid off and it has given Dubai a new status on the world map. The good thing about this emirate is, the locals are never neglected; in fact, the government had been doing initiatives to make the country’s economy even better. There was an opinion back then that the Middle East lacked in good quality education, particularly when talking about universities and training institutes. To promote high quality education in the regional area, Dubai Knowledge Village (DKV) project was created.
This flourishing knowledge community was established as part of Dubai’s long-term economic strategy to develop the talents in the region. It aims to bring in new skills and familiarize its people with the latest learning methods and tools that meet the international standards of improving individual skill and professionalism.
What’s in the Dubai Knowledge Village?
Launched in 2003 as part of TECOM Investments, Dubai Knowledge Village put the Middle East on the world map as a destination for learning excellence. Its scenic campus offers the ideal environment for a knowledge-based area with lots of professional training centers and entities that support learning.
It is basically a free trade zone that focuses on the promotion of educational organizations. In fact, DKV is the world’s only Free Zone area dedicated to Human Resource Management besides learning excellence. This unique hub offers the best selection of Human Resource Management, Consultation, Training, and Personal Development programs laid out on a well-designed 1km long campus situated in the heart of Dubai.
Whether you’re looking for educational-related companies that provide consultancy services to the universities or well-known training institutes, you sure will find them in Dubai Knowledge Village. Though it’s only about a decade now, the said project has earned a lot of appreciation and recognition. With more than 450 business partners, this village wants to be known as both a trusted business partner and a centre of excellence for professional development.
The community of DKV includes:
- international academic institutes and programs
- academic services and support providers
- professional training centers
- management development centers
- eLearning content/systems/service providers
- research and development centers
- training and education freelancers
Many prestigious universities from Canada, Belgium, Iran, Pakistan, India, UK, Ireland, Australia, and Russia have set up a branch in the Dubai Knowledge Village. These include:
- SAE Institute
- Saint-Petersburg State University of Engineering and Economics
- Shaheed Zulfikar Ali Bhutto Institute of Science and Technology
- The British University in Dubai
- UAE University
- University of New Brunswick in Dubai
- University of Wollongong in Dubai
- Birla Institute of Technology & Science Pilani
- European University College Brussels
- Heriot Watt University, Dubai
- Institute of Management Technology
- Islamic Azad University
- Mahatma Gandhi University
- Manipal Academy of Higher Education
- Middlesex University, Dubai Campus
- Royal College of Surgeons
With such schools inside the Dubai Knowledge Village, students from UAE and other countries in the Gulf region no longer need to go to other countries or continents to gain international exposure with the best learning environment.
Dubai Knowledge Village | Benefits for DKV’s Business Partners
Since this is a free zone, DKV partners enjoy enormous benefits including:
- 100% foreign ownership
- 100% freedom from taxes
- 100% repatriation of assets and profits
- hassle-free visa issuance procedures.
Business partners and students of Dubai Knowledge Village can also benefit from first-rate facilities, picturesque landscapes, sports grounds, a food court, and a gym. The village has more than 300 partners coming from various countries of the five continents.
Specialist investors and operators are welcome to contribute to DKV’s vibrant communities, with projects such as hotels, retail, residential, build-to-suit, and more to be able to address the needs of more than 45,000 professionals in Media, ICT, Education, Healthcare, Biotechnology, Clean Technologies, Logistics, and Manufacturing.
Important Facts about the Knowledge Village
The Phase I of Dubai Knowledge Village measures 450,000 sq ft and was established 2002. The Phase II is bigger (600,000 sq ft.) because it has additional 6 blocks, and is currently home to 16 universities and many educational institutes and service providers. The Phase III, on the other hand, is located in Dubai Academic City, which measures 1 million square feet.
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