Mr Ali Rashid Lootah chairman of Nakheel said that more than 25,000 workers have been mobilized to complete 8,000 housing units in 300 days.

He said that "The 25,000 workers are spread over nine projects. These projects were hampered by the global financial crisis, but currently Nakheel is dealing with them as top priority."

The projects were identified as Garden View Villas, International City, Jumeirah Island, Badra and Fineto in Waterfront, Jumeirah Heights, Jumeirah Park, Jumeirah Village and Al Furjan.

Mr Lootah added that "90% of the contractors who stopped work at Nakheel sites after the crisis have returned to complete projects that the company classified as short term. Nakheel paid AED 7 billion to those contractors and others affected by the process of restructuring, including those whose debts are less than half a million dirham."

Mr Lootah pointed out that "Nakheel has been able to regain the trust of construction and contracting industry and the clear evidence is the resumption of work at these nine projects."

(Sourced from www.emirates247.com)