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Dubai Approves $8.2 Billion Drainage Network Two Months After Record Floods

Jun 24, 2024, 05:01 PM

Dubai has approved plans to develop a drainage network costing $8.2 billion after record rains in April flooded homes and highways, bringing the city to a near standstill. The new stormwater runoff system, estimated at 30 billion dirhams, aims to prevent future flooding and mitigate the impact of extreme weather events. The unprecedented deluge in April highlighted the desert state's vulnerability to climate change, prompting swift action from local authorities. The announcement comes two months after the flooding incident.

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Dubai drainage network completed by 2025?

Resolution / Starting Odds

Yes • 50%

No • 50%

Official announcements from Dubai government or media reports

Dubai drainage network project exceeds $8.2 billion?

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Yes • 50%

No • 50%

Official financial reports and announcements from Dubai government

Dubai's drainage system receives international recognition by mid-2025?

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Yes • 50%

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Official announcements from international bodies or reputable news sources

First phase of Dubai drainage network completed by year-end 2024?

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No • 50%

Dubai government official announcements or reputable news sources

No major flooding in Dubai by mid-2025?

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No • 50%

Yes • 50%

Weather reports and news articles documenting flooding incidents

Severe flooding in Dubai by end of 2025?

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Yes • 50%

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Weather reports and news articles on flooding incidents

Cause of next major flooding in Dubai by 2025?

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Extreme rainfall • 33%

Unforeseen natural event • 33%

Drainage system failure • 33%

Weather reports and news articles on flooding incidents

First major milestone of Dubai drainage network by 2024?

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Initial construction started • 33%

Design phase completed • 33%

Half of the drainage network constructed • 33%

Official announcements from Dubai government or media reports

Main challenge faced in Dubai drainage network construction by year-end 2024?

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Technical Difficulties • 33%

Financial Issues • 33%

Regulatory Delays • 33%

Project status reports and news articles

Main contractor for Dubai drainage network announced by Q3 2024?

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Company C • 25%

Company D • 25%

Company A • 25%

Company B • 25%

Official announcements from the Dubai government or reputable news sources

Primary contractor for Dubai drainage network by 2024?

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Joint venture • 33%

Local UAE-based company • 33%

International company • 33%

Official announcements from Dubai government or media reports

Primary funding source for Dubai drainage network identified by year-end 2024?

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Private Investors • 33%

International Loans • 33%

Local Government • 33%

Official government budget reports or reputable financial news sources