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FINANCIAL NEWS
Basma Group, KME shake hands on USD32m hotel project
17 Jul 2016
(MENAFN) Basma Group has inked a deal with Klampfer Middle East, a leading construction firm, to construct a USD32.6 million Novotel Sharjah Expo, based on the latest reports.
In detail, the Novotel Sharjah Expo is being developed under the directives of Supreme Council Member and Ruler of Sharjah, and will serve as the official hotel of Expo Centre Sharjah.
The scheme will boast a busy calendar of events and activities throughout the year, not to mention that the upcoming hotel is being seen as a new milestone for business and MICE tourism in Sharjah.
“Development is a continuous and cumulative process. It starts with a vision followed by directives and finally implementation,” chairman of Basma Group said.
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