The world’s tallest skyscraper in Dubai’s construction projects will shut down for nearly a year,louis vuitton paris, the impact of the financial crisis on Dubai’s economy began to show. According to reports,louis vuitton speedy, the developers of this project: the United Arab Emirates government’s real estate development company Nakheel announced the decision on the 14th stoppage.
The group said in a brief statement that the next project will begin again within 12 months. “This is one of our decision to adjust the current plan,vuitton sac, the purpose is to better adapt to the current market trends and needs.”
The project started in October last year,louis vuitton evidence. The company made the decision to shelve the project is due to the major credit ratings agency Moody’s warned: falling real estate prices will make Bank of Dubai and the United Arab Emirates in other areas affected,sac vuitton.
The height of skyscrapers planned will have a length of ten American field so much. Some analysts believe that Dubai has launched late last year of the project,louisvuitton, show that it is increasingly difficult global economy is still full of confidence.
This is called the final height of the Burj Dubai building is still a secret. Nakheel end of last month,sacs louis vuitton, said the project up to 780 meters high.
The news just recently released this latest setback. Last month it laid off 15% of staff,sacs vuitton, but also reduced the number of large projects which developed on the island,loui vuitton, and the postponement of a luxury hotel project. Comprehensive news
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