Nakheel slams Q Group’s plans for Great Britain island in Dubai
Nakheel calls Q Group’s announcement about Great Britain Island project “misleading and misguided.”
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Dubai developer Nakheel has released a statement calling Q Group’s announcement regarding the Great Britain island at The World “misleading and misguided.”
Nakheel said it was “surprised” at the announcement given that payments were due for the purchase of the island.
Q Group, the developer of the Great Britain island at Nakheel’s The World project, said it had signed an agreement with Drydocks World to provide offshore marine and operational management services for the island.
The agreement was reportedly signed by Khamis Juma Buamim, Chairman of Drydocks World and Maritime World, and Safi Qurashi, CEO and Founder of Q Group.
Q Group also said it would reveal plans for a luxury resort, villas, serviced apartments, an event and wedding venue, and offshore restaurants and bars.
“Today’s announcement by Q Group on its plans for Great Britain island at The World is misleading and misguided,” Nakheel said in response to Q Group’s announcement.
“We are surprised at and intrigued by the news, given that there are still considerable payments outstanding in relation to the purchase of the island. No design application will be accepted, nor will construction be permitted, until payment has been made,” Nakheel said.
Nakheel’s The World Project is comprised of 300 man-made islands, located off the coast of Dubai. Construction on the project began in 2003, but work was halted during the financial crisis. Since then, work has begun on some parts of the project, including the Heart of Europe, a cluster of six islands being developed by Kleindienst Group.
Dubai-based Q Group announced last month that its subsidiary Q Developments would be managing six stalled projects in Dubai, which had been put on hold due to the global recession. The projects include developments in Dubai Sports City, International City, Business Bay, and Jumeirah Village Triangle, Q Group said.
