Masdar, the Abu Dhabi Government’s clean energy firm, has discarded a 2016 final completion date for its signature US$22 billion (Dh80.8bn) development as the challenge of building a carbon neutral, zero-waste city has proved greater than first expected.
Masdar officials emphasise that the first phase of Masdar City will be finished by the original 2013 deadline. The rest of the development at the edge of the capital will emerge gradually over the ensuing decade as the company experiments with new technology, officials said.
Masdar PRT launch delayed, Heathrow PRT launch delayed (twice).
Why would elected officials want to waste taxpayers' dollars on these guys?
Watch this video for the answer... (rhymes with fork):