Jim Smith

Boom continues???

http://gulfnews.com/business/investm...owth-1.1109553

Millhouse

PPP, brilliant

Meow

Will the contractors involved in this get paid???

Blue Cat

Dubailand part 2, will it even happen?

Meow

That's what we were calling it yesterday.

scrubbedexpat141

Strange one isn't it.

It's basically Sheikh Mo taking money out of both pockets rather than just the one.

Wish they'd finish Business Bay first mind.

Boomhauer

The world's biggest mall; where are they going to find the shoppers to keep it humming?

Blue Cat

they can introduce some more public holidays, that should do the trick

Meow

You'd think we have enough shops already wouldn't you, although the big malls are packed at the weekends. That said, I don't think everyone is buying stuff as people just seem to go in order to wander around as they can't think of anything else to do.

jackthehat

Take a look at Photo No.4 on the Link! - Therein lies the answer.

The article also mentions 'Footfall' at Dubai Mall. 'Conversion' is a more accurate barometer. Watch the people in any mall - Are they carrying bags? - Have they bought anything? Or are they just 'Window Shopping?'

Blue Cat

that is so true, I always look and see what bags people are carrying, the majority are carrying carrefour bags in MOE, not many sporting designer shopping bags. Wafi is the worst, I think everyone goes down there to look around but not buy.

Meow

So no then!

NorthernLad

A park bigger than Hyde Park? The carbon footprint just got a lot bigger.

jackthehat

Let's just say that those guys believe that Payment is all to do with 'Time and Temperature!' - When Hell Freezes Over!

Millhouse

Well, the thing is - governments think PPPs are free money. It rarely works that way and they will be on the hook for guarantees etc - guarantees, that I doubt they will be able to provide.

Still, never say never, stranger things have happened and all that.