The National newspaper reports a joint venture between Dubai-based JK Bauen and Chinese contracting companies Wuchang Ship Building Industry Group and Sino Great Wall International Engineering will be carrying out projects to develop facilities on the six offshore islands that make up the Heart of Europe.
Plans to develop a group of islands at The World islands off Dubai’s coastline have taken a major step forward after developer Kleindienst Group appointed main contractors to build its Heart of Europe project.
The National newspaper reports a joint venture between Dubai-based JK Bauen and Chinese contracting companies Wuchang Ship Building Industry Group and Sino Great Wall International Engineering will be carrying out projects to develop facilities on the six offshore islands that make up the Heart of Europe.
Work is expected to start immediately on the Main Europe island featuring most of the hotels, the German island and St Petersburg island, with a view to the entire project completing before Dubai’s Expo 2020 gets underway.
The first resort hotel, Honeymoon Island, is also due for completion next year, with the remaining hotels and villas being handed over in phases between 2018-2020.
The World is a group of 300 artificial islands created from reclaimed sand some 4km off Dubai’s coast. The islands were built and sold by master developer Nakheel and sold to investors before the global financial crisis, but only two have been built on, and one of these is a private island, The National says.