The proposal to build a third bridge on the creek to link Deira with Bur Dubai is under study, a report quoting Dubai planners said. The 'Al Garhoud project', expected to cost Dh400 million ($108.9 million), will form part of Dubai Municipality's effort to improve traffic flow on the Emirates Road.
About 45 companies are bidding for the first phase of the multimillion-dollar Techno Park in Dubai, which is being developed by the Ports, Customs and Free Zone Corp (PCFC). The park will be a mixed facility where companies can enjoy 100 per cent foreign ownership as in a free zone.
Groundbreaking work for Azure@Dubai Marina, a residential project promoted by Dubai-based Bonyan Emirates, was started recently. A senior official of the company said the six-storey complex will comprise one, two and three-bedroom condominium units and four-bedroom luxury duplex suites.
More than 50 per cent of the work on the Dh1.4 billion ($400 million) Abu Dhabi Conference Palace Hotel Development at Abu Dhabi Corniche has been completed. The project, which is being undertaken by the Dubai-based Six Construct Limited, is being set up close to the headquarters of the Abu Dhabi National Oil Company (Adnoc).
The Chicago office of Skidmore, Owings & Merrill (SOM) is currently working on the architectural and engineering design contract for the Burj Dubai, which is designed to be the world's tallest building.
General Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Defence Minister unveiled the first 3D model of The World project, last month.
The UAE Ministry of Public Works and Housing is to set up five new hospitals under a Dh240 million ($65.3 million) project. A ministry source said the new hospitals would be designed to meet the highest international standards.
Construction work on Majid A1 Futtaim's Souk Al Nakheel scheme on Shaikh Zayed road in Dubai will begin soon, according to reports. The scheme, which is now called Mall of the Emirates has doubled in size, said a top official.
Dubai Municipality is finalising the construction of four road projects in different areas in the emirate at a total cost of Dh286 million ($78 million), as a part of its development plan.
Snamprogetti has recently started the engineering, procurement and construction (EPC) contract which calls for upgrading the Bu Hasa production facilities and reservoirs in Abu Dhabi. The Dh1.
Kerzner bags $650 million dealDubai: Real estate developer Kerzner International Limited has been selected to develop a $650 million Arabian-inspired resort in Dubai, according to the company.
The Dubai government's Corporate Office has begun the landscaping of the Dh1.5 billion ($408.7 million) Dubai International City, to be located near the Emirates Road at Al Aweer, said an official.
