Dubai Plans $8.2 Billion Project to Enhance Rainwater Drainage System

26 Jun 2024 CW Team

Dubai has unveiled plans for a significant $8.2 billion project aimed at enhancing its rainwater drainage system. This ambitious initiative underscores the city's commitment to bolstering its urban infrastructure to better cope with heavy rainfall and ensuring sustainable development in the face of climate challenges.

The project aims to modernise and expand Dubai's existing drainage networks, incorporating advanced technologies to efficiently manage rainwater runoff across the city. By upgrading drainage infrastructure, Dubai seeks to minimise the risk of flooding, enhance water management capabilities, and improve overall urban resilience.

The initiative aligns with Dubai's broader strategy to mitigate the impact of climate change and strengthen its infrastructure against extreme weather events. As a global hub for commerce, tourism, and innovation, maintaining reliable and robust drainage systems is crucial for sustaining economic activities and safeguarding the city's livability.

The $8.2 billion investment will fund the construction of new drainage channels, reservoirs, pumping stations, and sustainable drainage solutions. These efforts are expected to significantly enhance Dubai's ability to handle rainwater, reduce flood risks in urban areas, and ensure efficient water resource management for future generations.

By prioritising infrastructure resilience and sustainability, Dubai aims to uphold its reputation as a forward-thinking city while fostering a safer and more sustainable environment for residents, businesses, and visitors alike.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..