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Dubai tries to lure Indian companies into its 5,000,000 sq. ft, Dubai Outsourcing Zone (DOZ) but what about security?
Indian IT professionals are reluctant to travel to Middle East and work there for security reasons.
Indian companies are pulled form two different directions.
Dubai is beckoning Indian IT companies to set up their bases with multifarious activities in its upcoming ''free zone'' dedicated to the outsourcing industry.
Having a built-up area of around 5,000,000 sq. ft, Dubai Outsourcing Zone (DOZ) is all set to start its initial phase of operations in the second quarter of the 2006 fiscal, DOZ Director Ismail Al Naqi told reporters here on Thursday while announcing the appointment of IT-People (India) Ltd as its exclusive partner for India.
"The initial phase will cover around 900,000 sq ft area, while the second round of operations with more than two million sq. ft area would start within the next three years 60 Indian companies to set up bases in DOZ and 100,000 knowledge worker employed in the area," he said.
DOZ would initially woo US, UK and German IT companies to start operations in the zone, apart from their Indian counterparts, he said.
Including domestic companies, more than 60 leading offshore and onshore companies have expressed interest in establishing facilities in DOZ, Naqi claimed.
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