ID :
87552
Tue, 11/03/2009 - 11:39
Auther :

PM inaugurates Al Rayyan Hills project 1st phase

SANA'A, Nov. 02 (Saba) - Prime
Minister Ali Mujawar inaugurated on Monday the first phase of the implementation of
Al Rayyan
Hills project in Faj Attan area of the capital Sana'a.

The Premier was briefed on the project nature as well as its implementation phases
from the chairman of the General Holding Corporation for Real Estate and Investment
Development
(Shibam) Saad Sabrah.
Mujawar pointed out that the government would present all support and facilities to
Qatari investments.
The government works at the highest levels to implement the national strategy for
investment and development in order to create a distinctive investment climate
ensure realizing
a comprehensive economic development.
Al Rayyan Hills project's first phase includes building 172 villas and 60 apartments.
Al Rayyan Hills project, with a total value of $ 600 million, is a joint project
between Shibam and Qatari Diar Real Estate Investment Company.
The two companies have created the Yemeni-Qatari Investment and Real Estate Company
to undertake the implementation of the project.
FJ/AF

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