Dubai Municipality Approves Master Plan of 185-metre Observation Wheel

DUBAI, 2 October 2006 - Dubai Municipality has approved the master plan of the AED 250 million Great Dubai Wheel project.  

Work will begin shortly on the 185-metre Observation Wheel, one of Dubailand's landmark tourist attractions, which will welcome its first visitors in early 2009 and provide a breathtaking panoramic view of Dubai and beyond.

Salem bin Dasmal, CEO, Dubailand said: "I am confident that the Great Dubai Wheel will add a unique architectural landmark to the Dubai skyline, and enhance the Dubailand experience several times over.

"The Great Wheel Corporation has a proven track record in developing these remarkable attractions around the world, and I am glad Dubailand is the destination for their masterpiece in Dubai."

The scheme's master plan was presented to Dubailand and Dubai Municipality by Great Wheel Corporation, a fast growing company in developing, financing, building and operating Great Wheels. Currently, the group is working on various sites around the world.

Leon Heijkoop, representative of the Great Wheel Corporation in Dubai said: "Gaining the approval of Dubailand and Dubai Municipality is crucial to the development of the Great Dubai Wheel, and we are grateful to both for their unstinted support through every phase of the project to date."

Heijkoop added that the master plan was prepared by a team of international experts with the support of Dubailand's project consultants. 

Florian Bollen, Chairman of the Great Wheel Corporation, said: "Evidence from destinations that already have the Great Wheel suggests that they are a very popular way of seeing the cityscape from a different perspective. The Great Dubai Wheel will be one of the most attractive locations in Dubai to visit - a place for families and friends, as well as for tourists to enjoy stunning views during a 30 minute fantastic experience."

The Great Dubai Wheel is expected to attract 2 million visitors each year to Dubailand and further boost the region's image as a tourist destination.

-Ends- 

About Dubailand
Dubailand managed by Tatweer includes many attractive features that cater to the needs of all members of the family. The unique project spread over 3 billion sq. ft. will attract millions of tourists annually from all around the world.

Several projects under Dubailand are under construction with investments by UAE, GCC and international investors in the existing projects reaching AED 35 billion. It is expected that the total investments will reach AED 65 billion during the next 18 months with the announcement of more projects which are under study.

The diverse projects under Dubailand include leisure, entertainment, theme parks, eco- tourism, shopping malls, restaurants and residential units. Dubailand will play an important role in catalyzing the position of Dubai as an international hub of family tourism attracting 15 million tourists annually by 2010.

Contacts:
Great Dubai Wheel
Leon Heijkoop / +9714 3197488
Email: LHK@greatwheel.com
Website : www.greatwheel.com

Tarek Sakik
Senior Account Manager
JIWIN
The Public Relations arm of Dubai Press Club
Tel:+9714 361 3333
Fax:+9714 388 8001
e-mail: tarek.sakik@jiwin.ae

© Press Release 2006