Dubai’s mega-project to boost sector growth | GulfNews.com

With the largest mall in the world and the largest family leisure centre in the region
planned within the city, the "Mohammad Bin Rashid City" has significant impact
on the retail and tourism sectors in the long term, analysts say.

The new Mohammad Bin Rashid City is expected to encourage public-private partnerships, increase foreign investment inflows and further boost growth in the retail and tourism sectors, top business leaders and analysts said.
“This is really a bid to make Dubai the capital of the Arab world, that’s the bottom line. It’s got the airports and the port facilities, now this is an attempt to take it to the next step, to become the equivalent of Las Vegas and become the tourism centre of the Arab world,” Dr Nasser Saeedi, former Chief Economist of Dubai International Financial Centre and former minister of economy and trade of Lebanon said.
The ambitious project could become an example of public-private partnerships (PPP) at work.

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