Real estate developer Nakheel confirmed this week that work will begin again at Jumeirah Golf Estates in Dubai thanks to government support and backing.
A spokesperson for the troubled company stated that Dubai’s government had provided the required support and development on the project is set to commence again.
A main contractor on the project, Ascon (also known as Associated Construction and Investments Company) should be mobilized soon to resume work on the infrastructure.
Plans for the Jumeirah Golf development originated with Leisurecorp, a subsidiary of Dubai World.
The spot hosts the Race to Dubai, a European Tour championship golf tournament.
Two of the four courses planned for the development were put on hold last year when difficulties arose around contractor payments. The business activities of Leisurecorp were amalgamated with Nakheel’s in June 2009.
Chris O’Donnell, the CEO of Nakheel, stated in October that work at several residential construction sites across the region, including Jumeirah Park and Jumeirah Heights Clusters, Badhrah, Jumeirah Village, Al Furjan, Veneto and the Jumeirah Islands Mansions location, were set for remobilization by the month end.Andrew Reid, Staff Writer, Gulf Jobs Market News