Hong Kong delegation from The Young Presidents Organisation visit The World
- United Arab Emirates: Monday, February 21 - 2005 at 16:26
- PRESS RELEASE
Nakheel, the leading property developer in the UAE, hosted a delegation of 50 CEO's and Directors from Hong Kong, all of whom are members of the Young Presidents Organisation and are in Dubai for a series of strategic meetings with international and Arab businesses.
For the last five decades, the Young President's Organisation has transcended geographic, language and cultural barriers to set the standard for lifelong learning, collaboration across borders and innovation to address the challenges young leaders face every day.
The delegation was welcomed by Senior Nakheel management and afterwards the group boarded helicopters on an exclusive flight across Dubai and the waters of the Arabian Gulf to view the incredible 9 kilometres in length by 7 kilometres in width, 'The World' development. The group was guided by the Nakheel team throughout the development tour and they provided insight on the project and answered questions about the considerable property portfolio that Nakheel has accumulated in the last three years. From the helicopter the visiting delegation was able to take in the impressive view of this unique development that will eventually cover more than 593 million square feet, and will result in a further 200 kilometres of beach in Dubai.
With 50 per cent of the reclaimed sand now in place, the islands creating the world map are clearly taking shape and continents are rising above sea level. This development has been designed as a retreat, a quiet, serene and safe haven for living, relaxation and leisure. Flying over The World gives you a perfect perspective of this emerging paradise.
The delegation was also given a brief presentation on the logistics and planning which created much interest in addition to a preview of what will be developed on a few of the islands.
After the aerial tour of The World, the helicopters touched down at the new Villa Show model at the World, situated in the heart of the 300 island development. The delegation was treated to a light breakfast followed by a presentation on The World by senior management. The visitors were impressed by the sheer size and scale of the development and were particularly struck by the vision, planning, research and logistics that are an integral part of all the projects, as well as the challenging schedule set to complete them.
Commenting after the event, Sultan Ahmed Bin Sulayem, Executive Chairman for Nakheel said, "Hong Kong is by no means new to the idea of the reclamation of land from the sea; in fact the airport is a testament to the exceptional building capabilities of the country. However, we at Nakheel wanted to demonstrate the creativity of the Middle East and Arab culture to fellow members of the Young Presidents Organisation and to showcase the unique projects that we have in the Nakheel portfolio which have generated so much attention the world over".
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Notes and Media Contacts »
Nakheel is the uniquely focused property development company behind a variety of new landmark developments in Dubai. Nakheel aims to redefine the concept of property development whether residential, tourist, commercial or retail. It has therefore placed great importance on examining the requirements of the different sectors of the community and developing its visionary projects around these findings.
Nakheel's portfolio currently includes The Palm, The World, Jumeirah Islands, The Gardens, Ibn Battuta Shopping Mall, Jumeirah Lake Towers, International City and Discovery Gardens.
Issued on behalf of Nakheel by Hill & Knowlton, Dubai. For further editorial or media information please contact Briony Peters or Keren Black
tel +971 4 334 4930
fax +971 4 334 4923
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