Thursday 18 March 2010

Decision on $200 billion Yemen-Djibouti development ‘due by April’

An ambitious plan to build a 28.5km bridge between Yemen and Djibouti could be approved by the end of April, according to the Dubai-based developer Al Noor Holding Investment.

Mohammed Ahmed al-Ahmed, the company’s CEO, tells Kipp that he is ‘confident’ that the respective governments will give the go-ahead for the $200 billion development, which includes the construction of a major city on either side of the bridge. Read more

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