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FINANCIAL NEWS
Qatar signs deal with Tajikistan for real estate project
29 Aug 2011
(MENAFN) Qatari Diar Group CEO, Mohamed bin Ali al-Hedfa, said that Qatar signed an agreement with Tajikistan to allow its real estate investment firm to start construction on a major mixed-use project in the country, reported Arabian Business.
The CEO also said that Qatari Diar Real Estate Investment Company’s Diar Dushanbe development would be located in the Tajikistan capital city Dushanbe and would be the company’s first project in Central Asia. The project would provide a range of residential, commercial and entertainment opportunities.
Al-Hedfa added that the agreement would help support the Tajiki economy and strengthen relations between our two countries, while also diversifying Qatari Diar’s global project portfolio.
Al-Hedfa said the project will include five luxury residential buildings, a five-star hotel, and three commercial buildings with retail and office space.
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