Dubai Studio City Showcases US$420 Million Village Centre at 61st Cannes Film Festival

Dubai Studio City Showcases US$420 Million Village Centre at 61st Cannes Film Festival

DUBAI, United Arab Emirates and CANNES, France, May 14/PRNewswire/ -- Dubai Studio City (DSC), a member of TECOM Investments, today leveraged
the platform of the 61st Cannes Film Festival 2008 to unveil the components
of its Village Centre, an over AED1.5 billion (US$420 million) multi
functional entertainment attraction for industry professionals as well as the
public at large.

Dubai's dedicated free zone for media production and
broadcasting industries also showcased its excellent overall infrastructure
facilities at the much acclaimed global event for the motion picture
industry, which opened on 14 May.

Developed over two million square feet of land in a park-like
setting, the Village Centre will be located within the heart of Dubai Studio
City, and provide an avenue for visiting film makers and their crew to
network and unwind in an informal milieu. The venue will include restaurants,
festival retailing, cinemas, two outdoor amphitheatres encompassing a central
water feature, a 7,500-seating enclosed amphitheatre, and two five-star
hotels.

Jamal Al Sharif, Executive Director, Dubai Studio City, said:
"The Village Centre will be a vibrant component of Dubai Studio City,
offering unrivalled experiences for visiting regional and international film
makers. As a leisure and entertainment district, it will further contribute
to placing Dubai on the global entertainment map as a much sought after
destination.

"The entire facility's architecture and facilities will
reflect world class standards, in line with our mission to establish DSC as
an ideal location for the audio-visual industry. We are also delighted to
announce the Village Centre will house the headquarters of the Dubai
International Film Festival, and will be designed according to its
requirements."

In 2006, DSC's Location Approval Services (LAS) department was
mandated as the sole authority that expedites and facilitates all aspects of
production and filming in Dubai and the United Arab Emirates.

Spread over an area of 22 million sq. ft., Dubai Studio City
(http://www.dubaistudiocity.com) was established to provide world class
infrastructure and services to boost the growth of the film, TV, radio
production, post-production and broadcast industries in the region. With over
70 broadcasters, it hosts more than 160 TV channels that operate from Dubai
Media City (DMC), another TECOM Investments subsidiary.

For further information, please call:
Zeba Ahmad
JiWiN
The Exclusive Middle East Affiliate of Burson-Marsteller
Tel: +971-4-361-3590 (direct)
e-mail: Zeba.Ahmad@jiwin.ae

Source: Dubai Studio City

For further information, please call: Zeba Ahmad, JiWiN, The Exclusive Middle East Affiliate of Burson-Marsteller, Tel: +971-4-361-3590 (direct), e-mail: Zeba.Ahmad@jiwin.ae

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