United Arab EmiratesBusiness & Economy
New facility for trading in Dubai
In a press statement, Dubai's government announced yesterday a project to establish a new shopping facility to be completed in the year 2001. The facility will cover trade and entertainment activities at a cost of $375 million, and the implementation of the project will start during January.
R.T.K.L., a US architecture company, will carried out the construction. The project includes trade shops on the space of 172 thousand square meters, administrative offices on the space of 27,000 square meters, 700 housing apartments and restaurants.
Meanwhile, this project comes within the efforts of Dubai government to keep Dubai as a main center for tourism and marketing in the Middle East.
