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UAE PROPERTIES UAE PROPERTIES

Tuesday, July 8, 2008

Dubai Industrial City - 40% work complete

Dubai Industrial City, a member of Tatweer and the third largest non-real estate project in Dubai, said that work on it's five labour villages is on track which are presently under construction across the UAE's leading industrial destination.

Rashed Al Ansari, Vice President of Dubai Industrial City said: "We are investing more than AED one billion in this project and have so far completed 40 per cent of the construction work across all five villages. Two will be ready by the end of 2008 and the remainder will be operational by the first quarter of 2009," he said.

Once the realty project is completed it will accommodate 62,500 supervisors and labourers, offering investors in the city and across Dubai the chance to provide their employees with high levels of accommodation. Dubai Industrial City is located adjacent to the Dubai World Central's Al Maktoum International Airport and in close proximity to Jebel Ali Port and Free Zone, with easy accessibility to major highways such as Sheikh Zayed Road, Emirates Road and the Dubai Ring Road.

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