His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai yesterday opened the second expansion of Dragon Mart 2 in Dubai.
Sheikh Mohammed, accompanied by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, attended the electronic panorama, which reflects the designs and sections of the new building of the mart.
The mart's total cost stood at nearly Dh1 billion and its leasing area reached more than one million square feet, consequently the Dragon Mart, with its two phases, becomes the second largest centre in the world for Chinese products outside the People's Republic of China.
Sheikh Mohammed, along with Sheikh Hamdan bin Mohammed, Sheikh Maktoum bin Mohammed, Sheikh Mansour bin Mohammed bin Rashid Al Maktoum, Lt. General Dahi Khalfan Tamim, Deputy Chairman of Police and General Security in Dubai and other officials, toured the halls and facilities of the mart which includes two stories that comprise 570 shops and 520 kiosks as well as 4,500 parking spaces.
During his tour, Sheikh Mohammed was briefed by Nakheel Chairman Ali Rashid Lootah on the details of the project and its components which includes Novo Cinema that comprises 12 giant screens as well as other facilities.
Earlier, Sheikh Mohammed was briefed on a model of Dragon Mart with its six phases and approved the efforts exerted by of Nakheel in the real estate and tourism development sector in Dubai.
Lootah extended thanks and appreciation to Sheikh Mohammed for his support and confidence to the members and the Board of Directors of the company.