Limitless, an integrated real estate development company and a business unit of Dubai World, has begun construction work on the Dh40.4 billion ( $11 billion) worth Arabian Canal in the last week of December 2007. The project is perhaps the largest and most complex engineering work in the Middle East after the Suez Canal in Egypt. When completed, it will be just a few miles shorter than the 51-mile-long Panama Canal.
The 150 m wide and 6 m deep canal is scheduled to be completed in 3 years and will be able to accommodate vessels of up to 40 m long. The canal would flow inland from Dubai Waterfront after passing through the east of the Dubai World Central International Airport before turning back towards Palm Jumeirah. The 46-mile-long waterway will wrap around an inland development, essentially transforming a swath of desert into desirable waterfront property. This realty development in Dubai includes marinas, residential communities and business facilities.
While Limitless announced in late November 2008 that it is holding off on selling land plots due to the global financial crisis, it said construction of the canal is proceeding as planned. Excavation work has started in November 2008. Workers are excavating 100,000 cubic meters per day, with more than 300 pieces of equipment on site, a Limitless spokesman said in December. The first phase of the project involves digging 200 million cubic meters of earth; the entire canal entails the excavation of 1.1 billion cubic meters of soil.
The second phase is about 50 per cent larger than the first phase, which was awarded to Tristar Transport & Contracting. It is the second of about 10 packages that will be awarded for the excavation of the 75km waterway.
Australian, Gold Coast based company GoMarine has been officially contracted to work on the massive Arabian Canal Project. It has been retained to conduct feasibility studies for five marina facilities along the canal and has already submitted plans for two and will soon submit plans on the other three, designed to accommodate approximately 1000 boats.
