For retail, hospitality and leasing-related activity, Nakheel estimates Dh4.7 billion in new projects, Ali Rashid Lootah and Sanjay Manchanda, CEO of Nakheel, stated during a press conference in Deira.
Nakheel will focus on development activity where it already has raised significant infrastructure, according to its top official. Existing communities such as Jumeirah Islands and Jumeirah Village as well as Al Furjan also figure in the plans, according to the recent article.
Is there hope that JVT may be completed with retail and other facilities that residents have long awaited? Read the full story at Gulf News here.
Other recent news on Nakheel:
Nakheel’s first payment on debt by February
Nakheel land sales worth more than $26.8m in its Al Furjan and Jumeirah Village Triangle
Jumeirah Village Triangle 