The Dubai Executive Council has approved the Dubai Urban Development Master Plan 2020, and will establish a 'Supreme Urban Planning Council,' to streamline the process.
The news comes after the municipality announced it was operating with a $206m budgetary surplus for the first half of 2011, almost 30% higher than predicted. The new master plan clearly indicates a shift toward sustainable and economically viable land use that appears to be turning around the cities fortunes.
"We are building public gardens and launching so many other projects. It is not just real estate," claimed Director General of Dubai Municipality, Hussain Nasser Lootah.
FULL STORY: Executive Council Approves 2020 Dubai Master Plan
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