DPR says it is on track for planned opening in October
Dubai Parks and Resorts (DPR) has sent a release to the DFM, with an update on the progress of construction, ahead of the park’s planned opening in October. 100% of the design, 89% of the ride system production completed, 88% of the overall facilities structure works, and 70% of the overall infrastructure has been completed. Moreover, lease proposals have been signed for more than 50% of the available space and around two-thirds of the available units at Riverland Dubai. Projected revenue in the first full year of operation is estimated at AED2.4 billion, whilst the cumulative project expenditure (including land cost) amounted to AED5.8 billion, as of the end of December 2015, an increase from AED2.6 billion, as at the end of December 2014. (DFM)
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