Skift Take
The MGM Dubai is finally getting started again, being built by China State at one third of the cost of the competition's Wynn resort in Ras Al Khaimah.
The construction firm behind the MGM Cotai casino resort in Macau has been awarded the contract to build "The Island" in Dubai. First reported by MEED, the $1.2 billion contract is the most valuable construction deal in Dubai in the past six years.
The Island is an offshore project close to the famous Burj Al Arab hotel. Its plan calls for an MGM hotel, an Aria hotel and a Bellagio, together adding 1,400 hotel rooms.
Wasl, a local developer, awarded the contract to Beijing’s China State Construction Engineering Corporation. It's an indication the MGM Dubai will go ahead