Dubai water projects excite the market

Two major Dubai waterside projects are exciting the UAE construction market.

MEED reported today that Shaikh Mohammed Bin Rashid al-Maktoum had approved the $544m Dubai Creek waterside project which will be developed by Meraas.

Companies in Dubai are also preparing to bid for the contract, estimated to be worth about $300m, to dredge the Dubai Water Canal from the extension of Dubai Creek into Business Bay to the Gulf.

This will be the third major contract in the Road & Transport Authority’s (RTA’s) Dubai Water Canal project.

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