Tiger Woods construction venture 'will be completed'

02/02/2010 - Dubai Property News

Posted by Neil King

The Tiger Woods Dubai complex will be completed as planned despite delays as a result of the global financial crisis.

According to the developer behind the golf course and luxury-home project, the project is ongoing even though no completion or delivery to market date has been set.

Dubai Properties Group Chief Executive Officer Khalid Al Malik said: "Part of the project is sold and the other part will go to the market once it's completed because we believe it's better to do it then."

"We are moving on with that plan and we are continuing the project without a doubt," he added.

Tiger Woods has a minority stake in the project and visits the development two or three times a year.

Mr Al Malik reassured investors that the recent scandal surrounding Tiger Woods' personal life has not impacted on the development.

Woods' private life was thrust into the spotlight at the end of last year after the golfer crashed his car.

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