Tuesday, April 29, 2008

The tallest building in the world



"Burj", the Arabic word for tower along with "Dubai" will forever be put on the map with this tower as Burj Dubai developer Emaar Properties PJSC intended.
Why Dubai? Some people asks. Well why Singapore or Hong Kong and who could possibly have predicted Los Angeles growth back in 1850 when it first got recognized as a city? The Burj Dubai alone is the fact, people are willing to invest to make this happen and why Dubai? Why not?
But it's been quite and effort though, anyone who recalls this building for example?
Burj Al arab Skyscraper, 321 m (1,053 ft).Picture courtesy to WS Atkins & Partners.

Jebel Ali free zone, making it possible.Burj Dubai Facts.The Burj Dubai height is a controversial question.The location of Burj Dubai, Dubais new downtown.Under Construction pictures from the Dubai web cam.More topics on the menu to your left.

Jebel Ali free zone, making it possible.
1,510,000 inhabitants isn't enough to make up a metropolis so why notput the other eight million or so on a plane and fly them down there?
Tourism is the keyword, 2003 Dubai had 2.8 million visitors, in the year of 2010 this number is expected to be well over ten million but how do you make that happen?
You do what they did in the Nevada desert in the 1960 th, you build attraction but in the case of Dubai gambling isn't in it's profile but Disneyland is however.
Burj Dubai is only a small part of what's beeing constructed in Dubai, the amusement park Dubai land will be twice the size of Walt Disney World in Florida and Dubai Mall the largest department store in the world of which both of them already are under construction.
So how do you finance all this? Oil? Well, that's one part of it, but ever since oil was beeing found in 1966 the ruling Al Maktoum dynastyhas tried hard to limit the economy's dependense to it and today oil make up for less then 5% of the GDP. Clever. So if it's not oil, then what is it?
Containers, with it's strategic location Dubai port is the 12 th largest in the world and there to favour it is the Jebel Ali free zone, without it, no Burj Dubai.
Established in 1980 by Premier Minister and Vice President HH Sheikh Rashid bin Saeed Al Maktoum the free zone ease for foreign corporations to settle and in only a few decades Dubai has become one of the most important business hubs in the middle east. Probably the most.
Today only 25% of Dubai's population are native Emiratis to compare with Hong Kongs 95% Cantonese population for example and few of them are likely to be able to afford one of the Dh 3.1 million condos in the Burj Dubai($9 million). However the demographics open up for a truly intriguing and hopefully prosperous future that no one could have expected few years back.

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