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Article

28 Nov 2008

Author:
Andrew Sambidge, Arabian Business [UAE]

New protest over Ruwaad's $4bn South African plan

Dubai-based developer Ruwaad has been warned to prepare for major disruption to construction work if it goes ahead with its propsed $4 billion Amazulu World project in South Africa...Hundreds of Macambini residents...marched to voice their anger at the proposed project, which community leaders claim would result in about 8,500 families being uprooted from their ancestral land...Ruwaad CEO Hayan Merchant [said] he was confident that the development...would "progress as planned". He added: "We remain committed to developing this project which we believe will have huge benefits for the local community, the Kwazulu-Natal province and South Africa."