Dubai Municipality has announced several investment opportunities in the emirate's public parks, such as the event spaces, and the allocation of different areas for restaurants and small shops.
Investors are being sought for Creek Park, Mamzar Smart Park, Mushrif Park, Zabeel Park and Safa Park in addition to the Quranic Park recently opened by Dubai Municipality in Al Khawaneej at a total cost of about AED130 million, a statement said.
Dawoud Al Hajri, director general of Dubai Municipality, said: "Dubai Municipality is making significant contributions by providing a conducive and encouraging environment for foreign and domestic investment."
Najeeb Mohammed Saleh, director of planning department at Dubai Municipality added: "The aim of these opportunities is to invest approximately 10 percent of the area of each park to implement investment projects to serve the community and raise the level of happiness of visitors to public parks."
Creek Park, which includes the Dubai Dolphin Centre and the Children's City, received nearly 3.8 million visitors over the last three years while Mamzar Smart Park offers beach facilities, children's games, chalet rentals and beach sports courts, as well as swimming pools, a skating arena, and a variety of activities.
Mushrif Park has an international village that provides 13 models for Arab and foreign residences while Zabeel Park attracted nearly 3.1 million visitors over the past three years.
Safa Park features a mini-garden for women plus cafeterias, mosques, theatre, jogging track and sports ground service.For all the latest banking and finance 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.
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