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February 13, 2007

Private investors encouraged to help preserve heritage

Source: Gulf News

By Ashfaq Ahmed, Staff Reporter

Dubai: Private investors have been invited to restore historic buildings in Dubai as part of Dubai Municipality's ambitious plan to preserve 'old Dubai'.

"We are encouraging private sector companies and individuals to invest in projects for the restoration of historic buildings in Dubai on a build-operate-transfer (BOT) basis," said Engineer Ahmad Mahmoud Ahmad, Head of the Historic Building Section at Dubai Municipality.

He told Gulf News yesterday on the sidelines of the Architectural Conservation Conference being held in Dubai, that the Heritage Section would restore some 330 historic buildings by 2010 as part of the government's architectural conservation plans.

Full story...

Posted by pichu at February 13, 2007 11:09 AM