By Daniel Shane
Shipbuilding arm of Dubai World teams up with Swiss firm for unusual concept
The shipbuilding arm of Dubai World has announced plans to build a series of underwater hotels in the emirate.
In a statement released on Wednesday, Drydocks World said it has signed an agreement with a Swiss contractor to develop the World Discus Hotel, which is partly submerged under the sea.
According to Drydocks World, BIG InvestConsult will provide the required technological expertise for the unusual concept.
As well as providing leisure facilities, the development will also include a laboratory for ocean environment protection and research.
Drydocks World did not provide any details on the cost of the project or a potential completion date.
Dubai has a history of building unique tourism projects, such as the man-made Palm Jumeirah and The World islands development.
The emirate is also home to the indoor ski slope Ski Dubai and Burj Khalifa, the world’s tallest tower.
Drydocks World, part of government-owned holding company Dubai World, is currently in the process of restructuring US$2.2bn worth of debt.
Here we go again! Have we forgotten the German that was going to build one and ran away with all the investors money....?...?
Here we go again....
Is this a re-generated early 2008 story??? This cannot be true can it? I am not against the idea of an underwater hotel but let a private investor risk their money, not the Dubai government
I wish they would take care of other issues - like the state of the zoo for instance. Pathetic state for animals to live in.
Yah very good step, go ahead
welcome back dubai, you have been always the first in new ideas, i think the effort made in the pass should pay off now. however i urge dubai to solve the old issue of small investors who trust dubai market and dubai goverment to protect our investment from the big developer who ran away and lift us with a lump of un finished concret.i dnt know what to do or to go to solve my problem. i still have faith in dubai and sheikh mohmad bin rashid to solve our outstanding problem.
i agree with Aliya....they forgot completely how those poors animals live in the zoo...
This idea is not new or unique as there are underwater hotels in the world. I was part of a team that even proposed this idea to Dubai back in 2000 (when it was still unique)
However, the best new, unique and creative idea Dubai can come with right now is how to fill up all these empty towers that fill its horizons.
Hydropolis was the "original" underwater hotel that was meant to be built and was announced some 4-5 years ago! This is just plain stupid! How can someone even joke about ideas like these especially a company which is working on restructuring organisation and debt and paying billions of dollars over the coming years to banks in interest rates?!?!
"development will also include a laboratory for ocean environment protection and research" -After pouring in all the cement/rocks/steel? what will be there to protect?? Lets stick to land, I recall the best waters in the gulf were on the dubai shoreline and all these over the top developments have destroyed it all. This city has a very unfortunate image world wide on environmental issues, pls lets not go further.