Plant to build rotating tower’s pre-fab units
Jebel Ali site will also supply 11 other cities
An Italian firm is setting up a facility in Jebel Ali to produce pre-fabricated units for a revolving tower that it intends to build in Dubai.
It said the facility will be set up with an investment of about Dh110 million, but the futuristic tower will cost about Dh1.28 billion and it was looking for investors to fund the project.
The fabricated units made in Dubai will be shipped to 11 other major cities including Moscow, Milan, New York and Tokyo, where similar towers will be built after one is completed in the emirate, said David Fisher, chairman of Rotating Tower Technology Limited.
“Dubai is going to be the first place to have this type of tower,” he said at a press conference where he unveiled the “Dynamic Architecture” concept.
Each floor of the tower will rotate within a set speed, enabling the building to constantly change shape.
“We are talking to a few major groups. Within the next 30 days we are going to decide who is going to be our partner,” Fisher told Gulf News.