Tamouh Investments launch today

Speaking at the press conference, held under the patronage of His Highness Sheikh Tahnoon Bin Zayed Al Nahyan, Joe Ong, the Chief Executive Officer of Tamouh Investments, revealed that the first plot of Al Reem Island, the flagship project will be completed in 2009.

The company's exclusive venture, Al Reem Island is a 6.2 million square meters natural island, set 350 meters across Abu Dhabi's shoreline. The island will be developed into a full community within a timeframe of 15 years. The Marina Square, the first Plot of Al Reem Island, covers an area of 13.2 million square feet and consists of 70% residential and 30% commercial districts.

The Marina Square, a multi purpose project consists off a shopping arcade, 8 Cineplex, branded retail outlets, restaurants, a marina, a five star hotel facing the marina, private beach access and sports facilities. It will also host community facilities that will cater to the residents' commercial, medical, spiritual and leisure needs with fully equipped clinics, mosques, parks, day-care centres and convenient outlet supermarkets.

"Abu Dhabi is witnessing an incredible growth phase as a result of an ambitious vision to move the capital steadily into the twenty first century. New policies and regulations are issued regularly to support the creative initiatives across all sectors especially real estate. And there is no doubt that we are proud to play a significant role in shaping up the future of the capital during this historic period.

"It is very important to highlight two key priorities for Tamouh; one is quality of life and second timely wrap up of our projects. Tamouh is aiming to offer the residents of Abu Dhabi quality lifestyles in a future that holds nothing but greatness for the city. As we move forward with the development of our innovative projects, we are confident that the overall perception of high-rise living and lifestyle are shifting to even higher standards. We are also keen on meeting our deadlines as rationally pre-planned," said Joe Ong.

Abu Dhabi-based Tamouh Investments is the primary developer of a number of key projects including the Marina Square, the City of Lights, Fantasy Island, Meena Hotel and Towers, and Royal group Headquarters. The company is also partly involved in the development of two blocks of Danet Abu Dhabi, the multipurpose projects.