Dubai ruler approves $408m canal project

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An artist's impression of Business Bay

An artist's impression of Business Bay

Dubai's ruler Sheikh Mohammed bin Rashid Al Maktoum has endorsed AED1.5bn ($408m) plans to extend the Business Bay Canal Project which aims to create a new tourist hotspot in the emirate.

Sheikh Mohammed, also UAE's vice president and prime minister, said work on extending the canal from Sheikh Zayed Road to the Arabian Gulf will be completed in two years.

Mattar Al Tayer, chairman and executive director of the Roads & Transport Authority (RTA), said in a statement that it was a "key strategic project" which would transform the area.

Longer-term, Al Tayer said floating hotels and restaurants could be built to line the canal, creating a new attraction for visitors and residents.

The project, which is being undertaken by the RTA, encompasses the extension of the water canal from the Business Bay to the Arabian Gulf in a waterway stretching 2.8km.

The canal will cross Sheikh Zayed Road and pass across Safa Park, Al Wasl Road, and Jumeirah 2 before reaching the sea - creating a waterway for leisure navigation.

"This canal will ensure the replenishment of water supplies in the entire Business Bay Canal automatically without any need for pumps," said Al Tayer.

The project has been divided into three contracts - the first covers drilling and landscaping works as well as the construction of marine transit stations.

The other two contracts relate to road and bridge projects, and the entire project is set for completion in early 2015, added Al Tayer.

The RTA will also carry out improvements to key roads intersecting the canal as well as the surrounding areas such as Jumeirah and Al Safa.

Tracks dedicated to jogging and cycling will also be constructed along both sides of the canal, alongside extensive landscaping works and tourist-oriented projects.

Al Tayer said: "The water canal will generate a plethora of business and investment opportunities including the possibility of utilising it to harbour floating hotels, constructing hotels and restaurants on both sides in addition to the introduction of integrated tourist & recreational facilities in Al Safa Park."

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Posted by: red

@bambooman: you should read some history books while talking about Inventions and India. Zero symbol first used by indians, Pi infinite (c. 1340?1425) (if you know mathematics) , recently India sent 6 satellites of other nations to space, (not possible just by copying something). Well, one point I agree with you is the copying the technology, but that is something universal problem of the filthy corporate.

@Oldtimer: Good example

Posted by: Oldtimer

bambooman - I wish the people who colonized my country for almost four hundred years would have packed their bags and gone HOME soon after they set foot on our shores. But NO, they conquered, pillaged, plundered and took away all our wealth some of which are still shamelessly used during coronation ceremonies! The richest man in the world then was the Nizam of Hyderabad. What have they got that was originally theirs? From their staple food of Potato to coffee, tea, pepper and spices all were taken. Originality my foot!
The world is an interconnected place where modern day trade and tourism drive the global economy. This inevitably leads to multiculturalism whether you like it or not. Copycats, thieves and people out to make a fast buck abound in ALL countries; we have systems in place to deal with them. This global interdependence will keep increasing, if the present economic model is to survive; you cannot be an insular society and hope to still make it big economically!

Posted by: bambooman

Aside from Japan, the US and some countries in Europe, the world of design and invention is unheard of. China for one has no intention of ever abiding by a thing called a Patent. While I am at it, I will also toss India and S. Korea into the fry pan as well. Stealing prints, ideas and incorporating reverse engineering is precisely how these third world countries thrive. Oh and should I mention that the thieves learned their engineering skills in either Japan, the US or Europe. And never get me started on medical advancements as we all know the best of the best hospital in the world is the renowned Mayo Clinic in Minnesota. If you don't believe me, look where the people with real money go when they have cancer. Lastly, one of these days I shall go back home. Perhaps everyone should go back to where they were born and we shall see who prevails.

Posted by: Rick

It's great that all these fancy projects are being funded. Question is why can't we get a straight answer on when basic and very necessary infrastructure projects will be started.
Case in point -the Dubai Investments Park roundabout and access road from Emirates Road. There are so many businesses and residents moving into DIP, but RTA doesn't seem to want to spend one red cent on improving the roads to access this multiuse community which is getting more crowded daily.

Posted by: Jimbo

My family and me have lived happily in Jumeirah 2 for many years. Now we will reluctantly have to move to make way for this canal and incur all the costs and hassle of finding somewhere to live at a comparable cost to what we pay now, moving costs, etc. etc. Will the government compensate us for this forced move? I am sure the landlord will be handsomely compensated but the poor ol' expat??? I won't hold my breath!

Posted by: greydog

Get real Jimbo - you're renting a property in a rapidly changing city. Did you really think nothing would ever change?!

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