Local developer International Capital Trading (ICT) is planning a major city in the Ghantoot area of Abu Dhabi, close to the Dubai border, which will cost tens of billions of dollars to develop.

The name of the project is not yet finalised, but its working title is Ghantoot Green City. The project is understood to cover 60 square kilometres.

The plans involve the construction of a city with a commercial centre, hotels, office blocks, residential developments, warehousing and light industrial areas.

Consultants are bidding for the infrastructure design package. The masterplan has been prepared by US-based RNL. “The projects planned between Dubai and Abu Dhabi will require substantial investment in infrastructure “

Source: MEED.com – Abu Dhabi developer plans Ghantoot city.

This entry was posted on Sunday, April 13th, 2008 at 1:16 pm.
Categories: Development.

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