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It offers 100% foreign ownership and the company formation period is 10-20 days.
The AED 250 million Knowledge Village is home to a broad-range of education and training operations, ranging from major institutions with large, on-campus facilities, to independent, freelance trainers operating out of the Business Center.
Dr. Abdullah M. Al Karam, CEO, Knowledge Village, says the zone is a central pillar of Dubai’s strategy to establish itself as a knowledge economy. “ The DIC and DMC are poised for further growth. For maintaining their continuous growth – and that of the emerging ones – we will need well-trained people equipped with the latest education, training and awareness of the latest technologies.”
Knowledge Village is the third component of Dubai Technology and Media FREE Zone (TECOM) – the heart of Dubai’s knowledge economy.
Knowledge Village is keen to promote post-university education and central to its concept is E-learning. The aim of setting up the Knowledge Village is to provide an infrastructure for developing, sharing and acquiring knowledge in a variety of disciplines for student and corporate communities.
Activities Allowed
International academic institutes and programs. Academic services and support providers, Management development centers, Professional training centers, eLearning content / systems / service providers, Research and Development centers, Innovation centers, Training and education freelancers.
A majority of institutions at the KV are from the professional training and e-learning sectors offering courses in a range of fields, including IT, media, finance, healthcare, and language. KV provides a brick-and-click infrastructure for these companies to offer both classroom and Internet-based courses. Knowledge Village is keen to have at least one renowned university from each of the five continents.
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