His statement came prior to Arabian Travel Market 2008, the leading Middle East and Pan-Arab travel and tourism exhibition being held at the Dubai International Convention Centre from 6-9 May.
'The Middle East is experiencing higher growth rates than the world average and the region needs to be geared for further growth in coming years,' said Sheikh Ahmed.
'Dubai is sure of over 40% growth in tourist numbers over the next three years when the expected world average growth is in single digit in the next decade. While the travel and tourism industry accounts for about 10% of global GDP, Dubai's tourism aspirations represents 30% of the UAE's GDP.'
Dubai hosted seven million tourists in 2007, with projections for 10 million by 2010 and 15 million by 2015.
'Currently there are 47,000 hotel rooms in Dubai with plans to triple that to 141,000 rooms by 2015,' explained Sheikh Ahmed. 'This represents a massive number of hotels to be constructed in the next seven years and this is where DWC steps in - to be a catalyst to that construction boom in the hotel industry which will eventually be a home for tourists.
'DWC is providing a real estate platform for hospitality and leisure operators to construct their properties in new Dubai which will be home to Al Maktoum International Airport, set to be the world's largest international airport.'
DWC Golf City, DWC Commercial City, DWC Residential City, Dubai Logistics City and DWC Aviation City comprise DWC components.
Khalid bin Harib, CEO, DWC Real Estate said: 'Our participation in ATM is aimed at local, regional and global investors perfectly positioned to highlight the project's recent developments geared to boost tourism and business, marking Dubai not only as a tourist attraction, but also as a regional business hub.'
'DWC will build 35-50 hotels by 2015 which will include every leisure and entertainment aspect. Many investors and developers have already reserved a number of plots and construction of the first hotels will commence this year. We expect to have 10 hospitality properties in the next three years.'
The Dubai World Central stand TD310 is in DWTC's Zabeel Hall.
DWC catalyst to boost regional tourism growth
Dubai World Central (DWC), the 140 square kilometre city taking shape in Dubai, United Arab Emirates will provide an impetus to the Middle East's ambitious efforts in attracting a global tourist audience, said HH Sheikh Ahmed Bin Saeed Al Maktoum, Chairman, Dubai City of Aviation Corporation-Dubai World Central.
- United Arab Emirates: Sunday, May 04 - 2008 at 11:15
- PRESS RELEASE
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| HH Sheikh Ahmed Bin Saeed Al Maktoum, Chairman, Dubai City of Aviation Corporation-Dubai World Central. |
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About Dubai World Central:Dubai World Central (DWC) is a 140 square kilometre urban aviation community centred around the world's largest international airport. Currently being built 40 kilometres from the existing Dubai International Airport the project is almost twice the size of Hong Kong Island.
DWC creates a new benchmark in urban planning and destination living designed to support Dubai's aviation, tourism, commercial and logistics requirements until 2050 and represents one of the most important developments in the history of the United Arab Emirates.
Eventually home to 900,000 people, DWC will be true 'city-within-a-city' with all the amenities that make up a world-class residential destination.
DWC, with infrastructure costs estimated at US $33 billion, comprises six specialized clustered zones: Al Maktoum International Airport, Dubai Logistics City (DLC), DWC Commercial City, DWC Residential City, DWC Aviation City and DWC Golf City.
DWC is endorsed by the Government of Dubai and is chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai City of Aviation Corporation - Dubai World Central, Government of Dubai.
About Dubai World Central components:
Al Maktoum International Airport when completed will be the world's biggest passenger and cargo hub, with a capacity of 120 million passengers and more than 12 million tonnes of cargo annually. The airport will have six parallel runways and as many concourses with a 91 metre high control tower that will be an aviation landmark in the Middle East.
Dubai Logistics City (DLC) will be part of the world's first truly integrated multi-modal logistics platform in a single-bonded free zone environment made up of DLC, JXB and Jebel Ali Port. It is designed as the region's unchallenged logistics hub catering to some two billion people throughout the Middle East, Indian Sub-continent, Africa and the CIS, all within three-to-four hours flying time from Dubai.
DWC Aviation City will be the region's premier centre of excellence for aviation manufacturing, MRO, aviation support services and consultancy, research and development, training, aviation products and parts and high tech industries. It is a unique concept to establish a complete aviation cluster in one area to cater to the region's aviation growth. It is strategically located to provide clients access to emerging markets as well as servicing the fast growing Middle East market.
DWC Commercial City will be DWC's business and finance hub featuring more than 850 towers, ranging from 1 - 45 storeys in height. The city, expected to employ 130,000 people, will also boast 25 hotels ranging from deluxe, through to five-star, four-star and three-star properties.
DWC Residential City will include a mix of five-ten storey mid-cost apartment blocks. Up to 250,000 people are expected to live in this 'city'. A special staff village will house blue-collar workers within high-quality accommodation.
DWC Golf City will feature two 18-hole golf courses, extensive practice facilities, driving ranges, putting greens, a luxury clubhouse with restaurants and a pro-shop. Over 5,000 freehold homes will surround the courses. The resort will also feature a high-end boutique hotel.
For more information on DWC please contact:
MCS/Action, PO Box 20970, Dubai, United Arab Emirates
Gladson Ronad
Tel: +9714 390 2960; Fax: +9714 390 8161 Mob: +971 50 4533479
or
Fouad Kassem
Tel: +9714 390 2960; Fax: +9714 390 8161 Mob: +971 50 6324150
Posted by Anne-Birte Stensgaard, Senior News EditorSunday, May 04 - 2008 at 11:15 UAE local time (GMT+4)
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