Union Coop, the largest consumer cooperative in the UAE, has announced the launch of its national project, Mirdif Park Way, intending to support small and medium-sized Emirati entrepreneurs and urge them to engage in commercial activities and to expand with investment.
The innovative project includes 34 food trucks on the cooperative premises adjacent to its commercial center ‘Etihad Mall’, spread over a 262,607 sq ft area.
The pioneering project is designed to serve all segments of society of different nationalities, tastes and needs by providing them with various activities, hereby revealing its intention to establish 3 other similar projects soon after obtaining the necessary approvals from the authorities concerned with the emirate.
"Support up to 50% of the rental value compared to market prices, he stated.
On the new project, CEO Khalid Humaid Bin Diban Al Falasi said: "It is a congregation of organized investment activities amid an integrated set of services under the name ‘Mirdif Park Way’, the first of its kind in the emirate and the region, given its objectives towards attracting young minds and the Emiratization of economic projects in the private sector to encourage and motivate Emiratis who wish to enter the employment market and increase production and investment."
The cooperative will support project owners by providing support up to 50% of the rental value compared to market prices, as it is not only about Emiratization of jobs but also about Emiratizing and maximising revenues in the private sector.
According to him, through the project, Union Coop aims to provide the necessary facilities for the targeted groups from its establishment to encourage them to start and expand their projects.
The finest services will also be provided to the community through it, in line with the aspirations of the state and the directives of the Wise leadership in supporting young people and owners of small and medium enterprises.
Al Falasi pointed out that Mirdif Park Way would be a new addition to entertainment and service destinations in Dubai, which will support the tourism, entertainment and marketing sites in the area.
"The Mirdif Park Way provides a unique platform for Emiratis to kickstart their projects and enter the world of investment, as it will provide 34 opportunities for Emirati owners of small and medium enterprises, with a range of activities such as "Coffee Shops", snacks, grills, burgers, pasta, sweets and juices with different flavors....etc," he noted.
Union Coop is now planning to set up three such projects across the emirates and is eyeing popular tourist and entertainment hotspots such as Mushrif Park, Airport and Dubai Safari for the project, stated Al Falasi.
"A 232,607 sq ft area will be allocated for recreational and community activities,"he added.