World Expo 2020: Nakheel response
Nakheel today congratulated the UAE Government and people on winning the bid to host World Expo 2020, describing the achievement as one of the proudest moments in the history of the UAE.
The great official support manifested in the directives of UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the persistent follow up from UAE Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum are the most important drivers behind this accomplishment, the company said.
Nakheel Chairman Ali Rashid Lootah said: “We will be honoured and proud to play our part in the delivery of World Expo 2020, which will promote and celebrate innovation, creativity and cultural diversity while encouraging global co-operation to introduce effective solutions for the challenges facing society.”
Nakheel, whose world-famous landmark projects such as Palm Jumeirah and The World have already helped to put Dubai on the map, aims to deliver a range of innovative, sustainable destination developments in the run up to Expo 2020.
The projects will bring a host of new, world-class tourism, cultural, business and residential facilities to Dubai, and play a key role in realising Dubai’s vision for Expo 2020, which is expected to attract more than 25 million visitors.
Among Nakheel’s pipeline of projects is Deira Islands, a four-island, mixed-use waterfront development that will add more than 40km (including 21km of beachfront) to Dubai’s existing coastline and provide infrastructure for the development of dozens of hotels and resorts, serviced apartments, retail centres and individual homes.
The project will contribute significantly to the Government of Dubai’s tourism strategy, with Nakheel offering special payment plans and incentives for hotels to develop on the islands.
Nakheel itself will develop the whole of the south island, creating a unique creek side destination. Easily accessible by road bridges or abras running to and from the mainland, the island includes a range of attractions including a night market in the style of an Arabic souk; a 250-room hotel; an amphitheatre for 30,000 people; and a marina that can accommodate large yachts. The island will also have a number of waterfront plots for hotels, resorts and serviced apartments.
The other three islands will feature hotels, resorts and residential, commercial and retail units. Nakheel will master plan and complete infrastructure work ready for third party development on each island.
Nakheel is also continuing to enhance its flagship project – Palm Jumeirah – with several new projects underway or in the pipeline including Palm Jumeirah Boardwalk; Palm West Beach; Nakheel Mall and Hotel; The Pointe and a number of residential units on the world-famous island.