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Bonyan Kurdistan company to be formed in
Sulaimaniyah
31.1.2008
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January 31, 2008
Sulaimaniyah, Kurdistan Region 'Iraq',--
Bonyan International Investment Group (Holding)
Chairman Engineer Abdullah Atatreh, one of the major
Real Estate development company in the UAE,
announced a partnership and a strategic alliance
with the Iraqi Al Hanthal Group, considered as one
of the most prominent Real Estate developers
operating in and Kurdistan Iraq and owning multiple
businesses in the Middle East and GCC.
This partnership will lead to the establishment of
the new company "Bonyan Kurdistan".
This new company aims at putting the professional
expertise and capabilities of Bonyan International
Investment Group which already developed major
projects in the UAE and several Arab countries,
contributing to the development of Kurdistan.
Engr Abdullah Atatreh said that "Bonyan Kurdistan"
will shortly be launching a first of its kind Mega
Real Estate project in Iraq Kurdistan called "Bonyan
Sulaimaniyah City",
an integral and modern project comprising
residential and commercial towers, villas, shopping
malls and two hotels.
Bonyan Al Sulaimaniyah city will cover approximately
an area of one million square meters and is located
in Sulaimaniyah province. Sulaimaniyah, Kurdistan's
cultural capital.
"The project's architectural plans are being
currently finalised and are expected to be completed
within three months. The project is divided into
several stages, the first of which will be completed
by 2010", he added.
Moreover, he mentioned that "Bonyan Kurdistan" is
planning on developing other projects in Kurdistan
and are currently studying further investment
opportunities in Erbil and Duhok.
Al Hanthal Group Chairman Engr Wadih Al Hanthal
explained that "Bonyan Kurdistan" enjoys the full
support of the Iraqi Kurdistan government, which is
planning on developing the project and is working
hard on attracting international investment
companies.
He also stated that Bonyan Kurdistan gained the
attention of the government and the support of both,
the Prime Minister Nechirvan Barzani who gave his
blessing to the partnership joining the two parties,www.ekurd.net
and the Deputy Prime
Minister Omar Fattah who kept a close eye on the
procedures related to the company and the project.
godubai com
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