Arz News |
| Palm Deira project contract (25 September 2006) |
The Dubai based property developer Nakheel has awarded a dredging and reclamation for Palm Deira to Van Oord Gulf, Netherlands. The value of the contact is estimated as Usd 2,900 Million.
The scope of the project involves dredging of 1000 Million cubic meters of sand and placing of 40 Million tonnes of rock over a period of eight years. It is stated that the project would require about half of the world's current dredging fleet to complete the works within schedule. The contractor Van Oord has placed about 50 Million cubic meters out of total of 250 Million cubic meters for the Deira Corniche, under the scope of an earlier contract awarded in the year 2003.
As per plans Palm Deira will have an area of more than 80 sqare kilometers and will be 14 kilometers long and 8.5 meters wide. The crescent will run for 21 kilometers and consists of districts and six water inlets. The Palm Deira will comprise of 41 fronds varying in length compared with 17 fronds of other palms. The project on completion will add an extra shore line of 400 kilometers to Dubai. |