A $10-billion agreement was finalized May 29 between the China Railway Engineering General Corporation and the government of Dubai, involving the creation of a 16-square kilometer island, located four kilometers offshore.
The project, which is the first to have been undertaken by a Chinese company in the Middle East, will reportedly become the third man-made structure visible from the moon. It will be the first of two such artificial islands to be built.
Named Palm Island, the island will be shaped like a palm tree, and will be protected by a dike that is 150-meter-wide and 10,000 meters long. The first phase of the construction project is expected to last for two years.
The Gulf emirate unveiled plans to build the resort at the Arabian travel market show, held in Dubai during May 2001. The artificial island will include 2,000 villas, up to 40 luxury hotels, shopping complexes, cinemas and the Middle East's first marine park on land south of Dubai, reclaimed from the sea that will add 120 kilometers of sandy beaches. ― (MENA Report)
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