Escolar Documentos
Profissional Documentos
Cultura Documentos
INTRODUCTION
sources of funds that most of the projects are making use. It can be taken
planned funds and actually utilizing funds. There are sections and lists
obtained for possible sources of funds and amount that can be achieved
phases and determining their value and amount of fund that will be
during finalization. The factors that are influencing facts of funding are
FUNDING
2007).
risks and obtain rewards (Finnerty, John, 1996). When there are mistakes
Example:
are easy and due to their status they will be able to obtain financial
are various sources that are open for government projects and they can
FUNDING IMPORTANCE
2001):
Dubai Metro
Dubai Metro is a road and transport authority project which will solve
traffic issues and problems in Dubai. It will include 4 lines (red, green,
The sources of funds for Dubai Metro are from government body funded
by road and transport authority. The funds of Dubai Metro are divided and
The funds value of Dubai Metro is divided as per contract value below:
Dubai Snowdome
Dubai Snowdome is one of its first kinds in Middle East that is located in
United Arab Emirates (Dubai). The visitors will experience winter and snow
Dubai Snowdome is one of the Dubai’s mega tourism projects that are
suitable for all age groups, nationalities, gender, etc. (SkiDubai, 2009). It
can be called as snow city that involves various activities so people can
Properties which is private sector. The funds are provided and invested by
The funds are used for developing various activities: ski dome, residential
towers, hotels, a shopping mall, restaurants, coffee shops and other retail
outlets in Snowdome. The money is used for getting return from it where
feet (130 thousand square meters) which is part of fund and money
distribution. The investment and project will contain and ice and snow
RECOMMENDATION
When government or private are not having ability to fund their projects
The banks are good sources for funding tourism projects. Most of the
projects are relying on banks but it shouldn’t be the only source because
there are possibilities that the banks will not provide good interest rate
and payback period. This might bring pressure over projects and payback
of funds. The financial sponsors and investors funds are excellent sources
CONCLUSION
We have discussed Dubai Metro and Dubai Snowdome projects and their
proposed sources of funds which seem more positive than others. Funding
continued or completed.
REFERENCES
<URL:http://zawya.com/projects/project.cfm/pid160608082751> [Accessed 16
January 2009.]
<URL:http://www.skidubai.com/dubai/mountain-ski-dome/> [Accessed 17
January 2009.]
[WWW]
Noora Al Shehhi
Website: http://snowite19.spaces.live.com