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Wednesday, November 25 - 2009

Medicare invests in Al Mushatta Industrial City

Investors & Eastern Arab for Industrial & Real Estate Investments (IEAI) whose flagship project is Al Mushatta, signed a contract with Al Shaa'lan for Medical Solutions (Medicare Jordan) to execute an investment project in Al Mushatta Industrial City.

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  • Investors & Eastern Arab for Industrial & Real Estate Investments (IEAI) whose flagship project is Al Mushatta, signed a contract with Al Shaa'lan for Medical Solutions (Medicare Jordan) to execute an investment project in Al Mushatta Industrial City.
    Investors & Eastern Arab for Industrial & Real Estate Investments (IEAI) whose flagship project is Al Mushatta, signed a contract with Al Shaa'lan for Medical Solutions (Medicare Jordan) to execute an investment project in Al Mushatta Industrial City.
Medicare Jordan, established in 1988 with the technical assistance of Baxter Travenol, USA, will be producing Dialysis Products in Al Mushatta Industrial City for the Middle East.

Fawaz Shalan, Medicare Jordan CEO said: "Our decision to relocate to Al-Mushatta Industrial Zone was prompted not only by its convenient geographical location and first class services, but largely because of our confidence in the professional management of the Estate"

Mohammed Turk, CEO of IEAI said: "We would like to extend our appreciation to Medicare for choosing Al Mushatta industrial City as home for their project, and we are confident that they will be implementing this project according to the best international standards.
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Notes and media contacts

Al Mushatta Industrial City is strategically located in Al Quneitra which is 35 km away from the capital city of Amman. It comprises approx. 4,400,000 square metres, which are fully laid out with state-of -the-art infrastructure that is in compliance with the International Industrial Zone Standards. Phase one of Al-Mushatta Industrial City, approx. 1.3 million square meters is complete and includes the main management and service buildings. To date over 30% of phase one has already been placed with high added value investors including joint ventures and partnerships with international manufacturers. The project also includes a full range of services such as bank branches, customs and clearance offices, a supermarket and a permanent exhibition and convention center.

For further information please contact:
Sirin Akrouk
Headline Public Relations
Tel: 5528174 Ext (302)
Fax: 5528175

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