At Cityscape, Abdali Psc. will be displaying its one of a kind urban regeneration project alongside major investors in Abdali, from different Arab countries. Comprising an area of 350,000m2 of prime land and of an investment surpassing 1.5 Billion USD, the Abdali development area is the largest contiguous, single-owned, vacant plot in the centre of Amman. With the state-of-the-art infrastructure and underground works completed, the Abdali project is now ready to rise up from the ground. The Abdali project will definitely turn Amman into a thriving city both commercially and financially.
Jamal Itani, CEO of Abdali stated: "Our participation at Cityscape 2006 comes to highlight the strategic importance that Abdali project is bringing in for the social and cultural welfare of Amman, while firmly placing the Kingdom on the international map as a major business and tourist destination. The event gives further exposure to Abdali Psc. and the exciting new project it is laying out in the capital. We think that Cityscape is a gateway to the world and Abdali will definitely gain by participating in it. Through our participation in Cityscape, we will heighten the project's visibility and familiarize an international community with the landmark downtown."
A three-day industry showpiece, Cityscape will cover over 25,000 square meters hosting more than 350 exhibitors from 85 different countries. In all over 23,000 visitors are expected at Cityscape 2006, representing the region's prominent investors, lenders, owners, and developers, not to mention industry experts in the fields of architecture and design.
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Abdali Psc. participates at Cityscape 2006
- Jordan: Wednesday, November 29 - 2006 at 13:54
- PRESS RELEASE
Abdali Investment and Development Psc. is participating in grandeur this year at the region's foremost international property investment and development event, Cityscape 06, which will take place at the Dubai International Exhibition Centre during the period of December 4 to 6, 2006.
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ABOUT ABDALI INVESTMENT AND DEVELOPMENT PSCAbdali Investment and Development PSC is a land-development private shareholding company established in Jordan though the successful public-private partnership between the National Resources Investment and Development Corporation (MAWARED), a government owned investment corporation and Oger Jordan, a Jordanian a subsidiary of Saudi Oger Ltd., an international construction conglomerate specialized in investment and development of large scale real estate and construction projects.
A strategic partner soon followed, United Real Estate Company, under the group of Kuwait Projects Company (Holding) - KIPCO, bringing a wealth of experience as one of the premier investment companies in the Middle East and North Africa region and with substantial interests in real estate and management advisory service.
ABOUT ABDALI URBAN REGENERATION PROJECT
Comprising an area of 350,000m2 of prime land, the Abdali development area is the largest contiguous, single-owned, vacant plot in the centre of Amman opportunely bordered by King Hussein street to the North, Nabulsi Street to the South, the existing Parliament building to the East and Queen Noor Boulevard to the West; and is surrounded by more than 25 banks and financial institutions, 16 public institutions, 12 major hotels, 9 major hospitals in addition to numerous clinics and medical centres, 4 commercial centres and key civic landmarks of the city.
The new downtown will be developed by Abdali PSC as well as local & regional investors with a commitment to creating this unique and sophisticated mixture of public and private usages.
Contact:
Abdali Investment & Development psc
Luna Madi - Marketing Manager
Tel. + 962 6 561 0560
Fax + 962 561 0577
OR
Jo Chemali
Manning Selvage & Lee (MS&L)
Communication Director
Posted by Anne-Birte Stensgaard, Senior News EditorWednesday, November 29 - 2006 at 13:54 UAE local time (GMT+4)
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This article was updated on Thu Dec 07 2006.
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