Freddy
05-02-2007, 03:09 PM
Or at least the first Palm Island. And by completed I mean you can actually live in it.
I heard all the homes in the first palm sold out almost instantly. How long do you think they can keep that gravy train rolling?
For the sad saps who don't know wtf Dubai is, well you suck. It's only the biggest engineering project in the world. Basically The country of Dubai made some calcualtions and figured out they only have about 16 years left of oil to pump. After that, their economy all the wealth from the palace will go away because that's where all their money comes from. So instead of being a lazy ass, the crown prince was smart. He decided to use the bulk of the current oil money to finace the contrution of this GIGANTIC man-made island in the shape of a Palm Tree and sell houses there. He would also transform Dubai City in to a giant metropolis of hotels, gormet restaurants, attractions and huge beaches so that they can get their economy off of oil and into tourism.
They stated just before 2000 (I think) and now they're almost done with the first island and the crown prince is happy with it, he commisioned two more islands (each bigger than it's predecessor) and World Island. It's easily the greatest engineering feat the world has seen. For more in depth info check this (http://en.wikipedia.org/wiki/Dubai) and preferably this (http://www.ssqq.com/archive/vinlin23dubai.htm).
Pics!!
http://www.ssqq.com/archive/images/dubai15.jpg
http://www.ssqq.com/archive/images/dubai18.jpg
http://www.ssqq.com/archive/images/burj%20tower.jpg
yes I hotlinked! shush!
I heard all the homes in the first palm sold out almost instantly. How long do you think they can keep that gravy train rolling?
For the sad saps who don't know wtf Dubai is, well you suck. It's only the biggest engineering project in the world. Basically The country of Dubai made some calcualtions and figured out they only have about 16 years left of oil to pump. After that, their economy all the wealth from the palace will go away because that's where all their money comes from. So instead of being a lazy ass, the crown prince was smart. He decided to use the bulk of the current oil money to finace the contrution of this GIGANTIC man-made island in the shape of a Palm Tree and sell houses there. He would also transform Dubai City in to a giant metropolis of hotels, gormet restaurants, attractions and huge beaches so that they can get their economy off of oil and into tourism.
They stated just before 2000 (I think) and now they're almost done with the first island and the crown prince is happy with it, he commisioned two more islands (each bigger than it's predecessor) and World Island. It's easily the greatest engineering feat the world has seen. For more in depth info check this (http://en.wikipedia.org/wiki/Dubai) and preferably this (http://www.ssqq.com/archive/vinlin23dubai.htm).
Pics!!
http://www.ssqq.com/archive/images/dubai15.jpg
http://www.ssqq.com/archive/images/dubai18.jpg
http://www.ssqq.com/archive/images/burj%20tower.jpg
yes I hotlinked! shush!