WYG Regulatory News (WYG)

15 Sep 2008 09:00



White Young Green

WYG win prestigious waterfront project in Dubai

Multidisciplinary Consultant Provides Development Control Services to Nakheel

Leading multidisciplinary consultant White Young Green (WYG) has been appointed to provide development control services for the Dubai Waterfront scheme which will transform 1.4 billion square feet of empty desert and sea into an international community, for an estimated population of 1.5 million people. The prestigious £1.6 million pa contract awarded by developer Nakheel is a significant win for the WYG Group as it expands its capabilities in the UAE. 

The development, which is set to become an exemplar sustainable city, is located on the western shores of Dubai and will be developed on the last 15km of natural coastline in Dubai, providing over 70km coastline when complete, including 23 percent of the Arabian Canal.

Comprising a wide variety of residences, commercial districts and industrial areas, including a number of major tourist attractions and leisure amenities, the scheme will offer both luxury residential and business properties in addition to a selection of affordable housing.

Lawrie Haynes, Chief Executive, WYG, commented:

"The prestigious project will be an invaluable addition to Dubai and we are proud to be appointed by a high profile developer like Nakheel to help them achieve their vision for the Waterfront. Utilising a variety of the Group's areas of expertise, this is an important project for us that will see a number of our staff relocate to Dubai to service the contract." 

Matt Joyce, Waterfront Managing Director, commented:

"Waterfront is the largest and most ambitious urban development project in the world. Visible from outer space, it is an entirely new city master planned from scratch on a blank canvas. No city of this size has ever been master planned to such a scale."

  About White Young Green 

Winner NCE Major Consultant of the Year 2008 Winner ACEI Innovation Award 2008 Winner Sustainable City Award for Sustainable Building 2008 Winner British Expertise Open Award for Sustainability 2007/08 Winner APM Award for Programme of the Year 2007

With a compound growth rate of 26% p.a. since 1997, White Young Green has an annualised revenue in excess of £250 million p.a. and employs over 3,200 staff located in more than 30 offices throughout the UK, Ireland and internationally. White Young Green services are founded on supporting key clients in the planning, implementation and operation of their key wealth generating assets. With over 38 acquisitions completed in the last 10 years, the group is one of the fastest growing multi-skilled professional consultancies operating across the built, natural and social environment.

For further information, please contact:

Lawrie Haynes, Chief Executive

Bob Hartley, Finance Director

WHITE YOUNG GREEN PLC Tel: 0113 278 7111

Tim Anderson / Rebecca Skye Dietrich

BUCHANAN COMMUNICATIONS Tel: 020 7466 5000

Holly McKinlay /  Charlotte Moakes, Tel:  020 7831 0534

M&N COMMUNICATIONS