Dubai Tourism

Mall of the World phase 1 likely to take 3 years to complete

News   •   Sep 22, 2014 09:05 GMT

ARABIAN BUSINESS: Consultants are currently being hired for the first phase of Dubai Holding’s ambitious $6.8 billion Mall of The World project. Speaking at a press conference at the Cityscape Global exhibition, Dubai Holding’s vice-president of strategy, Khalfan Belhoul, said that the climate-controlled scheme set to contain a theatre district, huge shopping mall and the world’s biggest indoor theme park was still in a phase where it is hiring all of the necessary consultants. “We are targeting a three-year construction plan for phase one. However, the three years start once we break ground,” said Belhoul. He added that it is targeting completion of phase one before 2020.