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Old Posted May 3, 2007, 4:12 PM
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oldpainless oldpainless is offline
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Quote:
Originally Posted by Complex01 View Post
This city is just ever growing. Most cities in the US are lucky if they have one building over 1000ft. Yet here is a whole area full of them. They all look intresting. A nice project to watch grow, thats for sure...
Dubai is what a s*** load of oil money will do for you. The Saudi's invest heavily in Dubai, as well as other oil rich nations in the gulf region. That $3/gallon you pay at the gas pump doesn't ALL go toward Exxon or BP profits like you hear in the news. The middle east is reaping the rewards of a limited oil supply and increasing demand.

The shiek in charge basically runs the whole show, and he has a very ambitious development plan. Tax-free development zones help too. I don't know if they have restrictions on building heights, but it sure doesn't seem like it.