FINANCIAL NEWS

Nakheel to resume work on 6 mega projects

19 Aug 2010

(MENAFN) Dubai-based property developer Nakheel will resume work on at least six mega Dubai projects early in September, Gulf News reported.

A statement released by the company said that Nakheel will restart working on Jumeirah Park, Al Furjan, Jumeirah Village, Jumeirah Islands Mansions, Jumeirah Heights Clusters and Al Badrah.

The company expects that all short-term projects will be fully mobilised by early October 2010.

Last July, contractors started to receive payments from the developer the Palm islands, paving the way for resumption of stalled projects around the emirate.

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