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Thursday, December 3 - 2009

Tanmiyat Group announces selling more than 50% of Al Muhamadiyah Project in Jizan

Tanmiyat Group, one of the region's most prominent property developers, announced that response to the Al Muhamadiyah project, which is being developed by the goup in Saudi Arabia's Jizan region, has been overwhelmingly positive, with sales moving considerably faster than initially anticipated.

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  • Mr. Abdul Mosheen, Director of Tanmiyat Group's offices in Jizan.
    Mr. Abdul Mosheen, Director of Tanmiyat Group's offices in Jizan.
Mr. Abdul Moshsin Al Forayh, Director, Tanmiyat Group, Jizan Office, said: "Al Muhamadiyah project is considered the first comprehensive project in Saudi Arabia's Jizan region, providing a variety of services in what is considered one of the most stylish districts in the city. The project plots, which have been launched 4 months ago, are selling much faster than originally expected, with Tanmiyat signing off more than 50% of the blocks which were originally available, proving the economic necessity for such a project."

Located to the north of Jizan Economic City and 10 kilometres from King Abdullah Bin Abdulaziz Regional Airport, Al Muhamadiyah project includes a residential area comprised of 2775 housing sections and an advanced infrastucture that takes advantage of a network of wide roads, giving it instant access to the surrounding areas.

Boasting a total surface area of 2 427 533 square metres and located near the Al-Hokair Entertainment City project and Jizan University, Al Muhamadiyah is situated in one of the area's most stylish districts and features commercial centres, schools and kindergartens, amongst other facilities and will include asphalt works and illumination works, a power station, main and minor water pipelines, a sewerage network, telephone lines and paving works.
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Notes and media contacts

About Tanmiyat:
Based in Saudi Arabia, Tanmiyat Investment Group is a leading investment and real estate developer in the Middle East region. Tanmiyat was established in 1982 and began to develop its investment programs in the real estate market successfully launching a series of massive projects and quickly gaining a leading position in the region. With an experienced staff of 200 persons, gathering creative engineers, designers and professionals, Tanmiyat has a large number of projects being developed across the Middle East, including in KSA, UAE, Turkey, Jordan and Sudan.

For further information, please contact:

MeeA Parkins
Account Manager,
SAHARA PR
Tel: +971 4 343 8443
Fax: +971 4 343 8447
Or
Muriel Farah,
PR Coordinator,
Tanmiyat Group,
Tel: +971 4- 3600062

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