Istanbul to obtain twin towers worth 510 million USD

Company "Dubai International Properties", the company for real estates with the headquarters in United Arabian Emirates, and the city administration of Istanbul will start construction of business towers 300 m high in Turkish capital in 2006. Construction of "Dubai Towers-Istanbul" will start in 2006 and it should be completed by 2008.

Construction of towers will cost 500 million USD, 80% of which will be provided by the company from Dubai and 20% will be set aside by the city administration.