Abu Dhabi welcomes Emirates Pearl project

Abu Dhabi jumps on the megaproject bandwagon.

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By  Elizabeth Drachman Published  December 27, 2004

Abu Dhabi is building a massive residential and commercial project called the Emirates Pearl. The US$9.5 billion project will be constructed on an island connected to the emirate via a bridge. The project is being undertaken by Malaysia-based BBM, Al Ain-based Al Rayan Investment and Abu Dhabi-based National Company for Property Investment. The entire project will be 5 million square metres and will include a luxury hotel, hospitals, university and family entertaining facilities. Work on the new city will begin early in 2005.

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