Search

'Mall of the World' construction to start next year

'Mall of the World' construction to start next year

First quarter of 2015

Dubai Holding has said that it expects construction work to start on its 48 million square foot Mall of The World project during the first quarter of 2015

Government-owned Dubai Holding has announced details of its latest innovative project – saying that consultants for the mega-project were already in the process of being appointed, with a view to starting on site in the first quarter of 2015.

The massive project is expected to take three years to complete and is set to contain a theme park, the world's biggest mall, 100 hotels and a theatre district, after revealing financial figures for its Commercial Operations Group (DHCOG) for the first half of 2014.

Mall of the World construction to start

The business, which owns the Dubai Properties Group, the Tecom Investments business park arm and the Jumeirah hospitality group, said that sales in the first half of the year were $1.5 billion and its net profit was $571.8 million.

Mall of the World construction to start