AL Nakheel Blue Community Free Essay Example, 3500 words

The success of any business venture depends on the environment it is nurtured in. The more favorable the factors, the better are the prospects for any project to survive and thrive. Dubai is free to a great extent from the depressing economic factors that haunt the other nations. Rich in oil, the area is a tempting free zone for business with such incentives as favorable taxation and a regulatory system conducive to rapid growth. The environmental legislation in the country is complementary to and not restrictive for the flourishing of the construction industry for sustainable development as is the vision of Al Nakheel Blue Communities. Here is a political system that endures for a lifetime with long enough timeframe to convert a vision into reality. Political upheaval, a great destabilizing factor in other countries and impediment to economic growth, is almost absent here due to the government being run by a federal presidential monarchy. In the UAE, the rulers do not have to act w ith the motive of reelection but can work for long term goals under a stable regulatory framework and environmental standards. We will write a custom essay sample on AL Nakheel Blue Community or any topic specifically for you Only $17.96 $11.86/page The Strategic Management of Marine Ecosystem in Nakheel Projects was launched in December 2006. In March 2008, a specialized marine biology laboratory was opened by the company which is now working as part of the U. N.