Dubai firm floors Florida |
|
Network this!
Dubai-based Capital Plus Holding Company is planning to build a media complex in Florida that could rival studios in Hollywood.
It is also looking at setting up a global real estate investment institute in the same American state to trade properties and shares worldwide.
Sketches of the studio complex show Hollywood East will have sound stages, back lots and even a space for filmmaking students at the Florida location, according to Local 6 News reportage in Miami.
The company is scouting for 800 acres of real estate and plans to make a decision in the next three months.
Although the exact location has not been finalised, Orlando, Miami and Tampa/St Petersburg are the likely options.
According to the local media, several Florida politicians have met Dr Mohamed Saleh, Chairman of Capital Plus Holding Company, during his visit to Florida.
"These individuals have a great interest in Florida and they are from Dubai," Florida Governor Charlie Crist was quoted as saying.
Florida State Representative Kevin Ambler of Hillsbo rough County also met the visiting representatives and said: "Florida is trying to be the next great Hollywood of the country" and the potential partnership could make it happen. The projects that we are talking about could create upwards of 8,000 jobs and infuse billions of dollars into our economy," he added.
The company is also looking into creating a global real estate investment institute in Florida that would trade properties and shares worldwide.
Ambler described the institute as "an educational institute for people about real estate development and investing, including the first-ever international exchange for real estate investments," an exchange such as the Nasdaq, which would trade in real estate investment trusts and other investments, The Tampa Tribune reported. "We are trying to develop our film and entertainment business, trying to build the next great Hollywood of the country," Ambler said.
Capital Plus specialises in a range of projects, with offices in London, Beirut, Riyadh, and Manama. Some of the projects include the new Media Hotel, a $272 million (Dh998.24m), four-star hotel in Dubai's Studio City. Capital Plus also owns its own media production firms such as Aqariya TV news channel.
By Parag Deulgaonkar
© Emirates Today 2007
Loading ...-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
from issuers in both public and private sectors. It is not an e-tendering service and is entirely FREE.
As an Issuer, you can benefit from posting an unlimited number of Tender
Notices for FREE and reaching out to an online community of bidders.
The service also offers you a tool to track the interest of bidders to your
tenders 'live' online.
| Tender Notice | Due Date |
Stories
Companies
| Company Name | Country | Industry |
| Consolidated Contractors Company | Overseas | Construction and Design |
| Saudi Binladin Group | Saudi Arabia | Construction and Design |
| Saudi Electricity Company | Saudi Arabia | Electric Utilities |
| Saudi Telecom | Saudi Arabia | Telecommunications Services |
| Sharjah Electricity and Water Authority | UAE | Electric Utilities |
| Hyundai Engineering and Construction Company - Saudi Arabia | Saudi Arabia | Construction and Design |
| Al Azizia Panda United Company | Saudi Arabia | General Retailers |
| Qatari Diar Real Estate Investment Company | Qatar | Landlords and Developers |
| Emirates Telecommunications Corporation | UAE | Telecommunications Services |
| Almarai Company | Saudi Arabia | Food |
Projects
| Project Name | Country | Sector |
| Takreer - Ruwais Refinery Expansion | UAE | Oil and Gas |
| Al Futtaim Carillion - Marina Hotel (Yas Island) | UAE | Real Estate |
| Emirates Aluminium (EMAL) - Smelter Complex - Phase 1 | UAE | Industry |
| Abu Dhabi DOT - Abu Dhabi Metro | UAE | Infrastructure |
| ENEC - Nuclear Power Plant | UAE | Power and Water |
| SATORP - Jubail Refinery and Petrochemical Complex | Saudi Arabia | Oil and Gas |
| Dubai RTA - Dubai Metro | UAE | Infrastructure |
| Al Safwa - Jeddah Cement Plant | Saudi Arabia | Industry |
| Qatar Bahrain Causeway Foundation - Qatar Bahrain Causeway | Bahrain | Infrastructure |
| Qatar Bahrain Causeway Foundation - Qatar Bahrain Causeway | Qatar | Infrastructure |
Who's the main contractor? and the consultant? [Report Abuse | Email to a Friend | Reply to this Comment]