Had stalled, the World’s Largest Hotel Chain Resurrected Back

DUBAI, KOMPAS.com – Bawadi announced as hotel and tourism development world in 2007 will be resumed in Dubai, United Arab Emirates.

Emaar Properties, the largest developer in the Middle East peninsula ready to revive the hotel chain the.

“Bawadi project is a joint venture between Dubai Holding and Emaar. He is currently in its early stages and progress will be communicated in due course,” said Executive Director of Dubai Holdings Fadel Al Ali.

Launched in October 2007, this mega-structure swallow the investment value of 60 billion dirhams, or more than Rp 213 trillion.

Dubai Holdings will contribute approximately 650 hectares of land worth 3.85 billion dirhams, or Rp 13.7 trillion in lieu of ownership.

While Emaar Properties of cash contributed by the same amount.

Bawadi, located in Dubailand, is located near Ranch Saudi described as a network of luxury hotels longest universal highway which is 10 kilometers.

In addition, Bawadi will consist of 51 luxury hotels and more than 60,000 room.

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