We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Thu 18 Dec 2008 08:06 AM

Font Size

- Aa +

$33bn Dubai World Central 'on schedule'

EXCLUSIVE: But project director says future tenders might be reviewed amid the global economic turmoil.

Future tenders for Dubai World Central (DWC), which will include the world’s largest international airport, may be reviewed because of the global economic turmoil.

But construction of the project is going ahead according to schedule, a director of DWC has told Arabian Business.

Development of the $33 billion scheme to support Dubai’s aviation, tourism, commercial and logistics requirements until 2050 and beyond would not be slowed down by a short term world financial crisis, said Abdulla Al Falasi, director of marketing and corporate communications for Dubai World Central.

“Most major construction schedules, especially for the airport and Dubai Logistics City and the real estate components like DWC Residential City, are on-track, though future tenders that may arise may be reviewed a little more carefully,” he told Arabian Business in an emailed statement.

A PR spokesman for DWC clarified that tenders next year may be reviewed in light of the global economic downturn.

Dubai World Central is a residential, commercial and logistics complex under construction in the Jebel Ali area of the city.

A key part of the 40-square kilometre scheme is Al Maktoum International Airport, which will be the world's largest passenger and cargo hub once complete, and will include six parallel runways, three passenger terminals and 16 cargo terminals.

The airport will have an annual passenger capacity of more than 120 million and an annual cargo capacity of 12 million tonnes.

Dubai Airports CEO Paul Griffiths said in October the first passenger flights from Al Maktoum International Airport could begin from autumn next year, with cargo flights from the airport starting next summer.

DWC comprises six specialised clustered zones: Al Maktoum International Airport, Dubai Logistics City, DWC Commercial City, DWC Residential City, DWC Aviation City and DWC Golf City.

Arabian Business: why we're going behind a paywall

For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.