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Khuyool buys land in Dubai World Central
- United Arab Emirates: Wednesday, April 23 - 2008 at 08:21
Dubai-based property developer Khuyool Investments has announced that it has acquired prime plots of land at a cost of Dhs200m ($54.4m) in Dubai World Central, the 140-square kilometre urban land development being constructed around the world's largest airport. The company also said it aims to launch mixed used projects in Dubai with a total value of Dhs8bn by the end of 2009 and expand in various verticals including construction materials and machineries. The developer has recently initiated talks with major construction companies in China to negotiate future joint ventures.
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