|
Dubai has launched a ambitious 200 billion-dirham ($54.4
billion) environmentally friendly real estate project stretching over
82 square kilometres, state news agency Wam reported on Friday.
The project, called Mohammed bin Rashid Gardens, will be made up of
four main clusters themed around wisdom, humanity, nature and commerce,
with 73% of the total area - roughly 60 square kilometres - to be
covered in greenery.
The biggest cluster will be the House of
Nature. This will include parks, flower gardens, recreational clubs, a
zoo, hotels, environmental labs and alternative medicine and herbal
healing clinics.
The House of Wisdom will include a library, international universities,
history and science colleges and the Sheikh Mohammed Mosque.
The
House of Humanity will include the Mohammed bin Rashid Al Maktoum
Humanitarian and Charity Establishment, the Museum of Light, the Human
Civilisation Museum and other charities such as Unicef.
The
House of Commerce will include banks, financial services firms and
insurance companies, as well as higher educational institutions that
specialise in banking and finance.
Dubai Properties, part of
state-owned conglomerate Dubai Holding, will oversee the project, which
will be carried out in six stages.
Dubai Holding CEO Mohammed
Abdullah Al Gergawi, also UAE minister of cabinet affairs, said was
aimed at creating a "clean environment free from pollution to safeguard
health of coming generations", quoted Wam.
Wam did not say in its report where the project will be located or when construction will begin.
|
News 
