Dubai Recycling Park appoints Campbell Reith Hill International

Notes and media contacts

For further information contact:-
Kelly Smith, MCS/Action
+971 50 498 3085

About Dubai Recycling Park
National Projects Holding Co., a subsidiary of the National Real Estate Co. of Kuwait signed an agreement in October 2006 with Dubai Industrial City, a subsidiary of Tatweer (a Member of Dubai Holding), to establish Dubai Recycling Park, the first fully integrated waste management and recycling park in the Middle East.

Dubai Recycling Park will be developed on a site measuring 1,500,000 square feet with a 49 year lease agreement with Dubai Industrial City and a capital investment of up to USD150 million. Construction is planned to commence in the first quarter of 2008 and will be fully completed within 18 months.

The feasibility study, master plan and management of Dubai Recycling Park will be contracted to Remondis of Germany, the fourth largest waste management company in the world and arguably the world's leading company in waste management technology and know-how.
National Projects Holding Co. believes Dubai Recycling Park will be perhaps their most important project from a socially responsible stand point and that it should be replicated across the region.

www.recyclingdubai.com

About National Projects Holding Co. (K.S.C)

National Projects Holding Co. (NPHC) was established in January 2006 as a Kuwait based Holding Co. NPHC is a subsidiary of the National Real Estate Co. (NREC).

National Projects Holding Co. was established with a clear focus of investing in Real Estate Development Projects and Industrial Opportunities in emerging markets.

National Projects Holding Co.'s most important investment from a socially responsible perspective is the Dubai Recycling Park project located within the Dubai Industrial City (DIC). The Dubai Recycling Park will be set up as an integrated recycling park servicing the waste generated from the industrial companies within the DIC.

National Projects Holding Co. (NPHC) has structured, advised and participated in various transactions since inception with an aggregate value of USD 818,000,000. NPHC had structured and raised Euro 206 million for the International Hotel Investments Co. which is a 5 Star Hotel operator in emerging markets, primarily in Eastern Europe.

National Projects Holding Co. is a strategic owner in the Mediterranean Investment Holding Co. (MIH) which was established with a capital of Euro 100,000,000. MIH was established with a vision of investing in Real Estate Development Projects in Libya. MIH is a joint venture between the NPHC, NREC and the Corinthia Group which is a subsidiary of LFICO, the Libyan Government.

National Projects Holding Co. strives to play a role in the communities that it conducts business in and will continue to give back to the community through environmental, cultural, educational and charitable initiatives.

About Dubai Industrial City

Dubai Industrial City (DI), a member of Tatweer, was set up with the aim of catalysing the growth and expansion of the industrial sector in the United Arab Emirates - especially in high value added manufacturing and production in the following sectors:
• Machinery & Mechanical equipment
• Transport Equipment and parts
• Base Metal
• Chemicals
• Food and Beverage
• Mineral Products

Dubai Industrial City provides one of the region's finest business environments and is a one-stop facility for industry and related sectors such as logistics, assembly and warehousing, vocational training and staff accomodation. Covering 560 million sq ft of prime land, DI City's strategic location near (Dubai World Central) the new Jebel Ali Airport City, the Jebel Ali Free Zone and Port; trans-Emirates highways, including Sheikh Zayed Road and Emirates Road near the border with Abu Dhabi provides easy and convenient access to global transportation points via road, air and sea.

www.dubaiindustrialcity.ae