Logistics capacity to rise by 147% at DSP expansion project

Dubai Science Park’s (DSP) ongoing expansion project will increase its storage and logistics capacity by 147 per cent, helping to address the growing demand for Grade-A spaces amid rising global appetite for R&D, it announced on the sidelines of the BIO International Convention held in California on June 3 to 6. Spread over 200,000 sq. ft., the new storage and logistics spaces will empower the destination’s global life, energy, and environment science leaders such as AstraZeneca, Pfizer, BeiGene, and GE Healthcare, in addition to 6,500 professionals across the life, energy, and environmental sciences to accelerate regional R&D innovation. Due for completion next year, the project will increase total gross leasable storage area to 336,000 sq. ft., at Dubai Science Park. The park is the base for Epygen Labs, which operates a laboratory for industrial enzymes at the location, Elixir Pharma, which has a secondary packing and batch release site at the science hub, and Al Wakeel Recycling, which runs a facility to recycle food and other consumer goods.