Saturday, May 12, 2007

Tamouh plans to launch its mega project Marina Square

Tamouh investments, one among the leading property developers in Abu Dhabi are in the process of chalking out plans to launch a new mega project at UAE.

The Chief Executive of Tamouh, Joe Ong, has announced that the company plans to invest about Dh.6billion or more for its project ‘Marina Square’ at Reem Island and added that the first plot of Al Reem Island is scheduled for completion by 2009.

The 6.2million Sq.Mts of natural island, spread along 350 metres of Abu Dhabi’s seashore, is expected to develop into a full community in a span of fifteen years.

The first plot of the Al Reem Island, the Marina Square, spread over 13.2 million Square Feet, comprises of thirty percent commercial and seventy percent residential districts. It is a multi-purpose project comprising of branded retail outlets, cineplexes, shopping arcade, restaurants, branded retail outlets, a five star hotel, private beaches, sports facilities and a marina.

Ong mentioned that the constructions of all the fourteen towers are being initiated together, so as to complete the project on scheduled date.

Ong said that Abu Dhabi is undergoing a tremendous growth in the real estate sector, due to an ambitious vision, and added that, Tamouh intends to offer quality lifestyles to Abu Dhabi’s residents, along with a promising future which holds the greatness of the city.

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