Dubai - Dubai will spend 1.5 billion dirhams ($408m/€313m) to link the Business Bay with the Gulf, the chairman of the roads and transport authority said on Saturday.
Mattar al-Tayer said the extension of the Business Bay Canal is a strategic project that will run 2.8 kilometres in length, with a width ranging from 80 to 100 metres.
He said the canal will generate a "plethora of business and investment opportunities including the possibility of utilising it to harbour floating hotels, constructing hotels and restaurants on both sides in addition to the introduction of integrated tourist and recreational facilities."
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