When you read of a $54 billion project, the first thing that comes to mind are things the size of the Suez Canal, the Panama Canal, or the massive Three Gorges Dam in China.
As it turns out, it isn't. It's in Dubai, or is supposed to be. A massive eco-project in Dubai may be coming to fruition. A report out of Arabian Business is talking about an 82-square kilometer project that would border Downtown Burj Dubai to the north and Dubailand to the south. The project is called Mohammed bin Rashid Gardens, and is being developed by Dubai Properties, part of the state-owned conglomerate Dubai Holding.
Having just had family that returned from Dubai just last week, I thought they were nuts when they talked about a massive oasis that was miles after miles of green commercial, residential, tourist, and care centers being built on top of what is already being built in Dubai today.
While dates have not been given, I'd strongly encourage you to read about it and look at the flash demo of some of the plans to see the scope of this project. As if the building of Dubai into a super-city wasn't enough, and as if creating "The World" housing projects wasn't enough, this project seems like it would be larger than massive.
Whoever gets that water desalination pact to supply all the water for these kilometers after kilometers of green land in an otherwise extremely hot and arid desert is going to clean house.
If things continue at the pace they have, every millionaire and every billionaire in the world is going to have to have one office and two homes in the region to fill all of these new and planned structures up.
$54 billion Dubai eco-deal, maybe closer than farther away
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