Dubai Maritime City, the world’s first purpose-built maritime centre and part of the Dubai World Group of companies, continues to achieve major development milestones and confidently progresses towards its 2012 completion date.
‘Infrastructure for the Industrial Precinct of the unique maritime development is set to continue significantly during 2009 making it fully operational ahead of schedule with 85 per cent of the work complete. Groundwork for the Commercial Precinct is at 65 per cent, while roadwork is in the final stages. The whole project is expected to be fully operational by 2012 as originally scheduled. Dubai Maritime City is currently in the middle of productive dialogue with local and global maritime interests to determine key areas to be considered as the development prepares to assume its strategic position as the Middle East’s maritime hub. The 2.27 million square metre Dubai Maritime City is divided into the Maritime Centre, the Industrial Precinct, The Academic Quarter, the Marina District, the Harbour Residence, and the Harbour Offices. Different components of the city will be launched at different stages, such as the DMC Academy, which will be finished earlier. The appeal of the development remains solid as the global shipping industry is accustomed to the cyclical nature of both the business and the worldwide economy.