Azizi Investments confirms first architects signings

Engineering Consortium has signed a contract to plan all twelve of Azizi's projects at Nakheel's contemporary family orientated community, Al Furjan. The developments will offer a mix of residential and commercial property surrounded by abundant open spaces and a multitude of amenities.

Architectural & Engineering consultants, National Engineering Bureau, has been contracted to design two projects on Palm Jebel Ali and Dubai-based consulting company, Dimensions will design the third project. The luxurious properties will be located on Crescent A of Palm Jebel Ali. Detailed plans for both Al Furjan and Palm Jebel Ali developments are expected to be revealed soon.

Mr. Merwiss Azizi, Founder and Chairman of AZIZI Investments, said:

'These agreements are significant for our 2008 plan. Our decision to go with Engineering Consortium, National Engineering Bureau and Dimensions, signify our progress here in the UAE. Our projects are now starting to become a reality and this is merely the beginning.'

'Azizi Investments now has 21 projects with another 29 expected to be confirmed within the next two months. We will have a total of 15 million square feet of land and 50 projects under planning and development by the end of 2008. We are thrilled to be embarking on this journey alongside such trusted industry leaders.'

Azizi Investments has a three year strategic plan to dramatically increase its development portfolio to an estimated 165 million square feet by 2010. The company's launch is supported by high profile brand awareness campaign of prime bill-board site and print advertising across the UAE.