Dubai-Based Company Began Construction In Syria Despite The Unsafe Situation
Source: http://www.bloomberg.com
#dubai #syria #uae #construction
Ski slope, started construction of its mixed-use Khams Shamat Touristic Development project in Syria even as the security situation there worsened.
The Dubai-based developer began work on the US $1 billion development, which is located 17 kilometers west of the Syrian capital Damascus, the company said in an e-mailed statement on August 7.
The mall builder on July 27 started laying the foundations for the first phase of the project, which will involve building hotels, shops, homes and offices within a 1.5 million square- meter area in the Yaafour district, according to the statement.
"All necessary preparations required to proceed with the execution of the project have already been made," Waddah As reported by Bloomberg, Majid Al Futtaim Group, the shopping-mall developer that built Dubai's indoor El Solh, the company's regional head for Syria and Lebanon, said in the statement. That includes the allocation of project management and construction teams, he said.
About 2,200 protesters have been killed in Syria since March in an uprising against the government of President Bashar al-Assad, according to the National Organization for Human Rights. More than 500 members of the security forces have also been killed, Deputy Foreign Minister Fayssal Mekdad told India's News X channel.
The Dubai-based developer began work on the US $1 billion development, which is located 17 kilometers west of the Syrian capital Damascus, the company said in an e-mailed statement on August 7.
The mall builder on July 27 started laying the foundations for the first phase of the project, which will involve building hotels, shops, homes and offices within a 1.5 million square- meter area in the Yaafour district, according to the statement.
"All necessary preparations required to proceed with the execution of the project have already been made," Waddah As reported by Bloomberg, Majid Al Futtaim Group, the shopping-mall developer that built Dubai's indoor El Solh, the company's regional head for Syria and Lebanon, said in the statement. That includes the allocation of project management and construction teams, he said.
About 2,200 protesters have been killed in Syria since March in an uprising against the government of President Bashar al-Assad, according to the National Organization for Human Rights. More than 500 members of the security forces have also been killed, Deputy Foreign Minister Fayssal Mekdad told India's News X channel.
