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- W577192135 abstract "Dubai has seen dramatic growth between 2001 and 2005, as its economy has diversified away from the oil sector. Much of that growth can be attributed to the service sector, especially the travel and tourism industry. With the oil sector representing just 5% of Dubai's Gross Domestic Product (GDP), travel and tourism is considered key to Dubai's strategic plan for 2015. Capital investment in travel and tourism industry (i.e., hospitality, leisure, entertainment, real estate) is estimated to be US$ 365 billion over the next five to seven years. Dubai plans to redevelop and expand its aviation and aerospace infrastructure in order to take advantage of its growing importance as the United Arab Emirates' busiest business and leisure hub. Redevelopment occur incrementally, with capital investment totaling US$ 82 billion. Expansion of Dubai International is to include the addition of two airside facilities and a new terminal to the existing infrastructure, increasing annual passenger capacity from 25 to 70 million during 2009. Expansion also includes the development of a facility entirely dedicated to accommodating the A380. By its completion in 2009, the new facility is expected to be the world's first and only facility dedicated to serving only the A380. Other projects for Dubai include the development of an airport city –- Dubai World Central - Al Maktoum International – a self-contained city that have its own light rail system with links to the Dubai Metro network. The author notes that Dubai's strategic location and proximity to multimodal transport provide logistical support to trade, bringing economic development to the region. Other plans for aviation and aerospace expansion include development of an Executive Jet Center (as a non-stop center for jet leasing and chartering, ground handling, and VIP passenger handling) and the Dubai Cargo Village (DCV). Regarding DCV, now seen as one of the world's top 10 cargo operations, cargo throughput has nearly filled its capacity, handling over 1.6 million tons in 2007. Since opening in 1991, throughput growth has averaged more than 10% annually. Once the 16 proposed cargo terminals at Dubai World Central - Al Maktoum International are completed, the author observes that DCV will be at the top of the world's cargo and logistics industry both in terms of throughput and capacity." @default.
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- W577192135 date "2008-01-01" @default.
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- W577192135 title "Dubai Airports: A New Chapter in World Aviation" @default.
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