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Thirty Three Dollar Billion Dubai World Central 'on Schedule'


By Tom Arnold
ArabianBusiness.com
August 7, 2008


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.

 

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