Belhoul signs up for Palm resort

25 February 2003
The local Belhoul Groupwith France's Accor Grouphas become the latest investor to sign up for a resort project on the Palm Jumeirah development. Belhoul is planning to invest an estimated AED 367 million ($100 million) in the construction of a 400-room, five-star health and thalassotherapy (saline water treatment) resort, which will be managed by Accor. The proposed resort, to be built on a 20,000-square-metre plot on the Palm trunk, is due to be completed by the fourth quarter of 2005. HHCP Design International of the US is the architect.

Palm Jumeirah will be home to over 45 five-star and boutique hotels, alongside several other facilities. The client, Dubai Palm Developers, has signed agreements worth a total of AED 2,297 million ($626 million) with international and local investors to build mixed-use facilities on the island.

Van Oord ACZ of the Netherlands and Geneva-registered Archirodon Construc- tion (Overseas) are nearing completion of the dredging and reclamation contract for Palm Jumeirah. The client has recently selected Lebanon's Associated Consulting Engineers (ACE) International as lead consultant for the design of the island's infrastructure. The four-month contract will include detailed designs for various facilities planned on the island, including two bridges and a similar number of tunnels (MEED 23:11:01; 16:11:01).

The formation of a second palm-shaped island at Jebel Ali is less advanced. The reclamation and dredging work is being carried out by Turkey's International Marine Contractor.

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