Dubai plans $1.7 billion tourist project on new artificial islands

14 May by

Dubai plans $1.7 billion tourist project on new artificial islands

Dubai plans to develop a 6.3 billion dirham (1.3 billion pounds) tourist resort on two man-made islands it will build either side of the Burj Al Arab, its luxury sail-shaped hotel. It is the latest development planned by the emirate as it aims to attract 20 million visitors a year by 2020 when Dubai will host the World Expo 2020 exhibition. Spanning 4 million square feet, Marsa Al Arab will be made up of two islands, one dedicated to entertainment and family tourism and the other featuring luxury villas and a private marina, state news agency WAM reported on Monday.

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Source:: https://finance.yahoo.com/news/dubai-plans-1-7-bln-092256106.html

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