|11-20-2014, 05:00 PM||#1|
Viceroy Dubai Palm Jumeirah completed by 30%
Dubai developer, SKAI Holdings, revealed yesterday that around 30% of the luxurious Viceroy Dubai Palm Jumeirah has been completed as already scheduled and on course for its 2016 opening.
The $1 billion Viceroy Dubai Palm Jumeirah marks Viceroy’s first venture into Dubai in collaboration with the project main contractor and major investor, China State Construction Engineering Corporation Middle East (CSCEC ME).
Viceroy Dubai Palm Jumeirah is actually one of the biggest projects led by China in the Middle East and is expecting further investments and developments by Chineses contractors and investors in the UAE.
“This is a landmark project for the China State team in the Middle East. With almost a third of the construction completed on Viceroy Palm Jumeirah we are on schedule to open to guests in 2016,” said the CEO of CSCEC ME, Yu Tao.
When the project was announced in June, Viceroy Dubai Palm Jumeirah had its entire hotel rooms sold along with its apartments available on a 60-floor tower, having only the remaining areas such as the meeting rooms and spa still belonging to the developer.
The $1 billion project marked a success before even being completed and open to the public in 2016 to encourage further growth and expansion of the resort over the coming six month as affirmed by the CEO of SKAI Holdings, Kabir Mulchandani.
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