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FINANCIAL NEWS
Tenders for Dubai Sustainable City components to be issued early 2014
07 Dec 2013
(MENAFN) The developer of the Dubai Sustainable City, Diamond Developers, is reportedly planning to float tenders for key components of the project in two months, Arabian Business reported.
A USD82 million contract for building a school, a university and a planetarium will be issued in February by Diamond Developers, which is responsible for the Dubai Sustainable City project.
Chairman of Diamond Developers said: “We are expecting to get the building permit soon from Dubai Municipality to start construction of the first phase of villas. We plan to handover the first phase by end-2014.”
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