The Dh2 billion project that will include a floating market, art galleries, hotels and restaurants was approved by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
Sheikh Mohammed bin Rashid approves Dh2bn Dubai Creek project
DUBAI // A Dh2 billion tourism project that is to include a floating market and art galleries has been approved for the Dubai Creek area.
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, approved the project, which covers a 1.8-kilometre plot extending from Al Fahidi area, the state news agency Wam reported.
The development is scheduled for completion by the end of 2016. The project, with its traditional Emirati design, is also to include hotels, restaurants and shops for Emirati handicrafts.
Sheikh Mohammed issued directives for close coordination among project stakeholders to build the project as a new tourist attraction, Wam said.
“Let us work as one team to transform our city into a cultural hub that attracts creative artists,” he said.
“I want Dubai to remain a melting pot for peace, harmony and love, a vibrant place for all.”
Sheikh Mohammed viewed a model of the project on Tuesday during a presentation about the master plan from project developer Meraas Holding. Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, also attended.
Others present included Government officials and the chief executive of Meraas Holding, Abdullah Ahmed Al Habai.