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FINANCIAL NEWS
UAE’s Sharjah boost property sector with new park
02 Nov 2015
(MENAFN) Al Sajaa Industrial Oasis, the Emirati Sharjah’s newly announced industrial park, offered local and foreign investors a total of 55 plots for sale.
Additionally, will be a further three rounds of releases, for a collective count of 353 plots, for the park which is set on a massive 14 million square feet.
Furthermore, the offered plots will eventually be utilized for light to medium industrial activity, mixed-use purposes, staff accommodation and retail.
With the project, Sharjah which real estate activities add 21 percent to its GDP is looking to give an important boost to both its industrial and real estate sectors.
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