Dubai, United Arab Emirates, has announced a large-scale tourism and retail project plan, including the construction of the world's largest shopping center. This indicates that, the dazzling emirate from three years ago, the corporate debt crisis resumed its commercial ambitions.
Dubai, United Arab Emirates, Sheikh Mohammed bin Rashid Al-Maktoum announced that Dubai will build the world's largest shopping mall.
Shopping center called Mall of the World, Mohammed Bin Rashid City part of the project. According to the plan, the shopping center built, the years hospitality ability of 80 million people, is the "world's largest".
"World shopping center adjacent to a home entertainment center, which is developed in cooperation with the U.S. company of Universal Studios, the annual reception capacity of 600 million passengers.
Muhammad - the - Rashid City "project also includes an art gallery, a business park and a park. Sheikh Mohammed said the size of the park will be even larger 30% Hyde Park.
Sheikh Mohammed did not specify the total cost and the completion time of the entire project, but said in a statement published Saturday, the co-construction of the project will be his personal holding company Dubai Holding and Emaar Properties.
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