Dubai scraps racecourse agreement
United Arab Emirates: Tuesday, January 06 - 2009 at 07:57
Dubai's Meydan said on Monday it has cancelled a racecourse construction deal with Malaysian construction firm WCT Engineering Bhd and local firm Arabtec 'because of non-adherence to the agreed time schedule for construction', the company said in a statement. Meydan is taking steps to commission other companies to complete the racecourse by 2010, when it is to be opened with the Dubai World Cup horse race, the statement said.
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Jeff Florian, Senior ReporterTuesday, January 06 - 2009 at 07:57 UAE local time (GMT+4)
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