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$5.5bn investment planned on Abu Dhabi island.

Asia Africa Intelligence Wire

| July 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Gulf Construction)

Abu Dhabi Reem Investments has announced plans to develop 25 per cent or 1.8 million sq m of Abu Dhabi's Reem Island involving an investment of around Dh20 billion ( $5.5 billion). This island will encompass low and high-rise buildings, villas, retail and commercial offices apart from community services like schools, hospitals and mosques, backed by a highly sophisticated infrastructure of support systems

Once complete, the island ...

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