EIP to build $381m marina in Abu Dhabi

Emirates International Properties (EIP), an Abu Dhabi based development company is planning to $381.6m marina in the emirate. The Abu Dhabi Marina will be located on the Khor Al Bateen waterway and include a five-star hotel, hotel apartments, residential apartments, townhouses, offices and commercial space, as well as restaurants and retail outlets. While construction is expected to begin next year the scheduled is in 2011.