The Joint Venture Partner
SmartCity’s partnerships with local governments ensure a host of privileges and benefits for companies operating at SmartCity.
- Business acceleration through streamlining of initiative procedures.
- Sizeable fiscal benefits and tax incentives.
- Policy-makers’ long-term commitment towards developing the knowledge and ancillary industries.
In line with its Vision, SmartCity is proud to have established partnerships with:
Government of Kerala
In May 2007, SmartCity signed a joint venture agreement with the Government of Kerala to develop SmartCity Kochi in India. SmartCity Kochi is a one-of-a-kind township that brings together all the essential elements of daily life. Commercial, hospitality and residential spaces are well integrated, within an urban, yet natural setting.
Dubai Holding is an investment conglomerate with operations in 21 countries employing over 22,000 people. Established in 2004, Dubai Holding today manages an AED 130 billion portfolio of assets, which supports the strong development of Dubai’s non-oil economy across sectors including; tourism, hospitality, real estate, media, ICT, education, design and trade.
Its portfolio includes TECOM Group, which manages 11 of Dubai’s most successful business communities; Jumeirah Group, the hospitality arm which owns and operates 21 hotel developments in 9 destinations in 8 countries; Dubai Properties Group, one of the largest fully integrated and community development business in Dubai; Family Entertainment and New Media, which implements a strategic plan to develop new family destinations and further grow digital media business lines.
Dubai Holding’s current project pipeline will add significantly to the Emirate’s portfolio of landmarks. This includes Jumeirah Central, a game-changing district development on Sheikh Zayed Road; and Dubai Creek Harbour, a joint venture with Emaar Properties to build a futuristic waterfront city at The Lagoons. Dubai Holding plays an influential role in delivering on Dubai’s economic diversification strategy and initiatives such as Tourism Vision 2020, Dubai Smart City, Dubai Innovation Strategy and Dubai Industrial Strategy.