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Tue May 22 06:28:40 SAST 2012

Dubai island builder planning artificial reefs

Sapa-AP | 23 November, 2011 11:52
Beach goers enjoy the UAE's national day holiday as suspended work on Nakheel's Palm Jebel Ali is seen in the background in Dubai.
Image by: STEVE CRISP

The Dubai property developer behind the emirate's manmade islands is planning to build a string of artificial reefs off the city-state's coast in a bid to attract more aquatic life.

The state-run developer Nakheel's top official said on Wednesday that construction of the reefs could begin in a matter of months, likely using a combination of boulders and concrete structures.

Chairman Ali Rashid Lootah didn't disclose how much the project would cost, but says it won't be a "big financial burden."

The company hopes the project will make fishing more viable off Dubai's coast.

Nakheel completed a long-awaited financial restructuring in August following severe debt problems that helped plunge Dubai's economy into crisis in late 2009.

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