Salam Bounian's The Gate project completes 38% in June

It has maintained the project on target and has progressed in the right direction.

What has been done up till now is 90% of concrete works which, if progressing at the same current rate, is expected to finish in September 2008, instead of the scheduled completion in December 2008.

General Manager of Salam Bounian, Eng. Yasser Hamad stated, "The progress of work at The Gate site is evident and that all parties involved in construction have been working hard to meet their contractual obligations. Salam Bounian endeavors to develop all its projects by embracing international best practice with building excellence. The Gate is a mixed used development offering retail commercial, entertainments and leisure facilities and is also distinguished by a unique boulevard connecting all its units. Incorporating high standards of finish, technology and infrastructure, The Gate is expected to be a new landmark in West Bay the business area of Doha."

All other activities and disciplines are also progressing in a satisfying manner. Maintaining the same efforts by all parties involved should launch the opening towards the end of 2009 which is the targeted completion date.

Meanwhile, Salam Bounian has launched its website on July 6th, 2008 and invites all interested visitors to surf through the site. The site is designed using the company's corporate colours of light green, blue and grey insuring a fresh look and feel while the flash on the homepage is meant to be simple providing a tantalizing experience.

Salam Bounian is a private shareholding company incorporated in July 2006 as a real estate investment and development company with a capital amounting to QR500m. The major shareholders are Salam International from Qatar, Massaleh and Wafra from Kuwait and Amwal Invest from Jordan, however the majority are Qatari businessmen. The company develops commercial, residential, industrial and touristic developments.