• HSBC

Construction work commences at 'Warehouses City'

  • United Arab Emirates: Wednesday, December 10 - 2008 at 16:20
  • PRESS RELEASE

Al Hanoo Holding has commenced construction on its Warehouses City project, set within Emirates Industrial City in Sharjah.

Earlier this year, Al Hanoo Holding completed the infrastructure works 100% for the Emirates Industrial City project. Engineering staff is monitoring the project to ensure that it is delivered to investors on schedule.

Sheik Abdullah bin Fahid Al Shakrah, Al Hanoo Holding and Emirates Industrial Cities Chairman, said of the progress made on the project:
"Al Hanoo Holding will continue to development the project because, first and foremost, the company is keen on delivering the project on scheduled time, and secondly, to ensure all modern international and industrial standards are applied throughout the various facilities of the project. Last but not least, we aim to establish a stable for specialized cities, especially industrial ones, which are unique across the country and the region."


The investment size at the Warehouses City exceeds Dhs2bn. The Emirates Industrial City garnered a lot of attention at Cityscape Dubai 2008. The warehouses City will stretches over an area of 20 million square feet of Emirates Industrial City project land, which in turn covers an area of 83 million square feet.

This is divided into eight districts, two of which have been specified for warehouses and logistic support, and which includes 4,000 warehouses. These warehouses are to be developed in two stages, where the first stage, scheduled for completion within 15 months, has 2,000 warehouses ranging between 2,500 and 4,000 square feet. The remaining six districts include various activities such as industrial investment, commercial activities, permanent sales exhibition spaces for factories and multi-purpose business centers with the flexibility to host other support services and activities.
Emirates Industrial City in Sharjah. 
Emirates Industrial City in Sharjah.
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About Al Hanoo:
Founded in 1972 in the Kingdom of Saudi Arabia, Al Hanoo Holding Company is one of the leading real estate developers in the Middle East. Right from its inception, Al Hanoo Holding Company has been fiercely committed to the development of the property sector in the Kingdom of Saudi Arabia as well as in many other GCC countries. Most recently, Al Hanoo unveiled plans for the spectacular and groundbreaking Nujoom Islands project, a development which looks to set to combine world class infrastructure and the beauty of nature in the emirate of Sharjah in the UAE. This pioneering project, embraced by the sea and covering 60 million square metres is destined to set Nujoom Islands apart from anything else.

The Nujoom Islands venture is without doubt the first of its kind in the Middle East in terms of engineering design. Boasting a comprehensive list of top class facilities including a 5 star hotel, residential and commercial towers, villas and townhouses and superbly connected to the rest of the country, such a venture will bring dynamic changes to Sharjah.


Emirates Industrial city:
Based in Emirates Industrial City project, Emirate Industrial City is a joint-stock company between Al Hanoo Holding, Abudullah Al Zamil Co., Muhammad Abdul Aziz Co., Al Saeedan Properties and Kal Development. The Company specializes in industrial cities' development and Real Estate. It had made itself a powerful presence in the market through Emirate Industrial City project located in Sajaa, Sharjah, on the road between Dubai and Rak. This project covers an astounding 38,000,000 square feet, with strategic location having direct access to important free zones, highways, air, land, and marine ports, and import-export corridors, in addition to being surrounded by a 100 meter wide-road, offering easy access to the project.

The project will also feature lots of exclusive amenities. The company has implemented a wide range of services and facilities in the project, making it a brilliant example for industrial cities in the future; moreover, the project has made big rewarding revenues. The project, with complete infrastructure, is an industrial one, which investors have made big success by choosing it.

For further information, please contact:
Mustafa Al Khafaf
SAHARA PR
Tel: +971 4 3298996
Fax: +971 4 3298995

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