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Qatari Al-Diyar Company to Implement Project in Sana’a |
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Written By:
( YEMEN POST STAFF ) Article Date: February 18, 2008 |
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The General Authority for Investment signed an agreement with Qatari Al-Diyar Company for Real-estate Investment to implement Tilal Al-Rayan project at Faj Attan area in Sana'a. Built over a total area of 440,000 m2, the project's total costs are about $500 million and will overlooks most areas of Sana'a. In the past, the land that will be used for the project was among the locations where building is not allowed and it belongs to the Republican Guard Forces. The project will be implemented as of next April. According to a release by the company, the project will include a five-star hotel, real-estate areas, commercial offices, luxurious villas and residential apartments.
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