Union Coop launches ‘Mirdif Park Way’ investment destination

Union Coop, recently 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 premise adjacent to its commercial center ‘Etihad Mall’, spread on a total area of 262,607 sq. ft. 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 three other similar projects soon after obtaining the necessary approvals from the authorities concerned with the emirate.

Support up to 50 per cent of the rental value compared to market prices

In detail, Khalid Humaid Bin Diban Al Falasi, CEO of Union Coop confirmed that Union Coop decided to establish a new and innovative national project, which is a congregation of organised 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 Emiratisation of economic projects in the private sector to encourage and motivate Emiratis who wish to enter the employment market and increase production and investment, pointing out that the cooperative will support project owners by providing support up to 50 per cent of the rental value compared to market prices, as it is not only about Emiratisation of jobs but also about Emiratising and maximising revenues in the private sector, for the benefit of all parties involved in the investment process, to raise the attractiveness of the commercial investment in the retail sector of the country.

“Union Coop would be keen on the ‘Mirdif Park Way’ project 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,” Falasi added.

A unique opportunity for Emiratis

He further added that the new project, ‘Mirdif Park Way’, constitutes a unique opportunity for Emiratis to start 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 flavours etc. He pointed out that it is considered to be one of the leading national projects, as it will support investment in the emirate, which has become a role model for the facilities it offers, economic renaissance and significant growth at domestic and international levels.

The Mirdif Park Way project was designed according to the highest international standards to provide the best services, as an area of 232,607 sq. ft. will be allocated for recreational and community activities, providing it with the necessary lighting, directional and advertising boards, and creating innovative colours, and a corner space of 30,000 sq. ft. will be allocated with a rubber grass floor to practice sports activities and enjoy the beautiful atmosphere on the site and provide tables and chairs, providing a quiet and beautiful experience for families and visitors to enjoy and spend memorable times,” Falasi concluded.