Nakheel and the launch of blue communites Essay

Nakheel and the set in motion of blue communites - Essay Example3 Dubai).There is a necessitate for research, development, and positive transformation of these locations with a long-term aim for Blue Communities to provide leadership in the development of sustainable coastal communities. Nakheel is still a late company, formed in 2001, but bin Salayem notes that the company is already a leader in the region, as well as internationally, and offers its pioneering approach as utilize to Blue Communities (Dubai par. 7).Dubais Real Estate Regulatory Authority (RERA) has made developers responsible for any structural damage to a property and defective installations for 10 historic period after project completion. The aims of the spick-and-span law are to monitor real-estate and development brokers, prevent fraudulent activities and increase investment (Special Report par. 4). A Nakheel spokesman noted that the new policy is similar to already existing legislation in the UAE Civil Cod e. Nakheels projects include The Palms, The World, and the forthcoming Waterfront, which when completed will add 1000 km of waterfront to Dubai. harmonize to the spokesman for Nakheel, We already guarantee the structural integrity of our properties for 10 years in our standard contracts, so this is not new to us (Special Report par. 8). Nakheel has more(prenominal) than 1800 employees. It shortly has US$60 billion worth of major projects spread across more than 2 billion square feet. The company is committed to ensuring leadership for Dubai in all areas of life with special focus on sustained development and environment (Zakaria). The idea behind Blue Communities, according to Abdul Rahman Kalantar, the companys managing director for design and development, is to launch new thinking and working methods, given that the initiative itself is not confined to one company or one country, but its rather available for all parties interested with coastal communities (Zakaria par. 4). When D ubais building projects created land where none had existed before, a whole series of environmental concerns were raised. Nakheel met the challenge by initiating a global charter to define the trump out practice on how coastlines can be developed around the public. Its called Blue Communities and over the next three years is a call to action to the world (Think Blue). Almost half the worlds coast is presently threatened by development related activities. At present, Dubai is building its coastline in harmony with nature. But, as more and more projects compete, how long can this be the case In North and Central America nearly a third of the coastline faces moderate to high threats from building for houses and industry. close half of South Americas towns, resorts, and leisure communities are mushrooming, turning natural habitats into steel and concrete. It is noted that an estimated 80 per cent of all life on earth is assemble in the sea (Think Blue par. 2). The future of the plan et depends on looking ahead and meeting challenges to sustain a natural environment. Issues that must be turn to on a worldwide basis, not just in Dubai and its environs, but throughout the globe, are part of Nakheels Blue Communities initiatives, as follows (Lamb)Climate