|
New Mega project in Iraqi Kurdistan
12.2.2008
|
|
|
 |
February 12, 2008
Sulaimaniyah, Kurdistan region 'Iraq',--
Engineer Abdullah Atatreh, Chairman of Bonyan
International Investment Group (Holding), one of the
major real estate development companies in the UAE,
announced a partnership and a strategic alliance
with the Iraqi Al Hanthal Group, one of the most
prominent real estate developers operating in
Kurdistan Iraq. 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.
Engineer 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 Al Sulaimaniyah province.
“The project’s architectural plans are being
currently finalized and are expected to be completed
within 3 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.
Engineer Wadih Al Hanthal, Chairman of Al Hanthal
Group, 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 Mr. Nechirvan Barzani who gave
his blessing to the partnership joining the two
parties,www.ekurd.net
and the Deputy Prime
Minister Mr. Omar Fattah who kept a close eye on the
procedures related to the company and the project.
Bonyan International Investment Group and Al Hanthal
Group praised the big support and care given by Mr.
Herrish Muharam, head of Kurdistan’s Board of
Investment for “Bonyan Kurdistan” projects.
Kurdistan is located in northern Iraq. Its unified
government is ruled by Nechirvan Barzani who was
elected in January 2006 as a Prime minister. Kurdish
and Arabic are its two official languages and the
population exceeds 5 million. Kurdistan, rich in
natural resources and agricultural products
comprises three provinces: Erbil, Sulaimaniyah and
Duhok, all known for their picturesque nature, with
lakes, rivers, high mountains and plains abounding
the region.
Kurdistan, a secure region, witnesses a fast-growing
construction sector and a steady economic expansion,
in addition as a result of an increase in the volume
of national and foreign investments, especially
Turkish and Americans, who now reached billions of
dollars.
Source: Property World Middle East
Top |
Kurd Net
does not take credit for and is not responsible for the content of news
information on this page
|
® 