Big plans make comeback in post-crisis Dubai
- Published: 2 Dec 2012 at 10.47
- Online news: World
Dubai is back in the business of unveiling mega projects, three years after a severe financial crisis crippled its booming property sector, but doubts still linger over finance and feasibility.
Dubai's three most prominent architectural icons, Burj an-Arab Hotel (L), Jumirah Hotel (R) and Burj Dubai (C). Dubai is back in the business of unveiling mega projects, three years after a severe financial crisis crippled its booming property sector, but doubts still linger over finance and feasibility.
Just as the economy in the glitzy city-state begins to look promising, despite a large debt burden dating back to the years when growth appeared endless, Dubai has once again set its sights on building superlatives.
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