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Dubai announces mega projects

 
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karatecatman
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PostPosted: Tue May 01, 2007 5:57 pm    Post subject: Dubai announces mega projects Reply with quote

Dubai will build a 2.04-million-square-meter Disneyland-style theme park which will incorporate scenes of some famous Hollywood movies, says a UNi report, quoting BBC.
The 8 billion dirhams (2.18 billion U.S. dollars) worth Universal City Dubailand is jointly developed by Tatweer, a company owned by Dubai government, and Universal Parks and Resorts(UPR), a unit of the U.S.-based media and entertainment company NBC Universal.
Visitors to the park will be able to relive fantasies and adventures in some of the biggest movies in Hollywood history including Jurassic Park and King Kong directed by Steven Spielberg,who is the creative consultant for Universal Studios theme parks.
Universal’s theme parks are known for some of most thrilling and technologically advanced ‘‘ride-the-movies’’ motion picture and television show-based attractions.
The first phase of the Universal City Dubailand, covering an area of 603,850 square meters, will be completed by 2010.
The park aims to attract 3.3 million visitors in its first yearof operation and then up to around 5 million visitors per year, the report said.
Dubai is developing what it calls Universal City Dubai, a $2.2 billion project that will include 4,000 luxury hotel rooms, 100 restaurants, and retail outlets and office space, Tatweer said.

Also Emirates airlines says it will invest $253 million building a resort in the Seychelles, its second foreign hotel development and its biggest.
Emirates, which this year got Australian approval to build a hotel resort outside Sydney, aims to complete the 472-room Seychelles site at Mahe in 2010.
Emirates is considering locations in India, Sri Lanka and east Africa to build similar hotel resorts, capitalising on its expanding network of destinations that stretch from Sydney to New York.
The Dubai government-owned carrier expects to recoup its Seychelles investment within eight to nine years, and achieve a 17 percent rate of return.
Emirates is spending A$85 million ($70.5 million) on its Wolgan Valley resort in the Blue Mountains west of Sydney.



Dubai has also announced that it will expand its Dubai Tea Trading Centre (DTTC) plans to expand its tea storage, blending and packing facilities, a move that will give a boost to the emirate’s status as a leading tea trading centre.
It will build a centralised tea storage, blending and packing facility which will process teas from 13 producing countries, including India, Kenya, Sri Lanka, Indonesia, Malawi, Rwanda, Tanzania, Zimbabwe, Ethiopia, Vietnam, Nepal, China and Iran.
The idea is to influence world tea trade.


The fourth announcement was that Dubai will back Dubai-based property development company EMAAR Properties LLC in cooperation with the Asset Management Company (PPA) to develop a tourist resort in Lombok island in West Nusatenggara (NTB) province of Indonesia.
The project to develop the resort area which covered 1.175 ha land allocated by Lombok Tourism Development firm (PT PPL) needed a total fund of USD 600 million.
The 1,200-hectare (2,965 acres) site along 7 kilometres (4.350 miles) of beach at Mandalika will include homes, five-star hotels and leisure facilities.
The group says it will plan such projects in Syria, Pakistan, India and Egypt.




Fast thinking here before all the oil runs out and ideas to generate all that traffic to fill up 55 A380s that Emirates is planning Wink
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tayaramecanici
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Joined: 03 Jan 2007
Posts: 648

PostPosted: Wed May 02, 2007 1:06 am    Post subject: Reply with quote

yeah, Biggest, Tallest, .... these guys seem to have a inferiority complex. The PALM ISLANDS project is delayed over 2yrs, recently they realised they can't build roads wide enough to cater for the traffic headed to a 40x towers complex in Jumeira, apparently in the same complex residents are short of parking.

Check this site makes some interesting reading

http://secretdubai.blogspot.com/
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