FINANCIAL NEWS

Injaz unveils seafront project in Dammam

31 May 2010

(MENAFN) Injaz Development, a Riyadh-based real estate development company, has announced a seafront project in Dammam to be spread over 3.3 million square meters, SPA reported.

Injaz, which oversees the Al-Marina Project, has signed a contract with Aecom, a US-based services company to commence infrastructure design works on the project in question.

The President of Injaz Development said there is so much room for long-term growth in the area and Injaz believed that the project would help highlight the province?s potential as a property and tourism hub.

The Eastern Province is expected to expand its real estate and tourism markets through the Al-Marina project, the only comprehensive mixed-use seafront property development in the Kingdom?s largest province.

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