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Thursday, December 3 - 2009

Injaz to announce Riyadh project at the 12th real estate exhibition

Injaz Development Company, a Saudi-based master developer, will announce a major new real estate project in the northern part of the capital city at the 12th real estate exhibition in Riyadh between the 5th to 8th of April, the company's Managing Director Omar Abdullah Al-Kadi said today.

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  • Omar Abdullah Al-Kadi.
    Omar Abdullah Al-Kadi.
Prince Miteb bin Abdulaziz Al-Saud, the Minister of Municipal and Rural Affairs, will inaugurate the exhibition.

Injaz is one of the key sponsors of the exhibition this year, which will be held at the new Riyadh International Exhibition Center.

Al-Kadi thanked Prince Miteb for his support to the exhibition and the real estate sector. He said the royal support to events such as the Riyadh exhibition will help the sector to achieve its objectives of supporting the country's development and meeting the growing demand for commercial and residential property.

Injaz is committed to developing large-scale world-class real estate projects in the Kingdom and the region.

Al-Kadi said Injaz's projects are based on in-depth research of the sector and community needs, and the selection of northern Riyadh is an example of the company's judicious approach to selecting project locations.

"Northern Riyadh is emerging as an important location in the capital city's development," he added.

Referring to Injaz's previously unveiled Marina project in the Eastern Province, Al-Kadi said it will pioneer the concept of master development of mixed properties in the national real estate market. "Marina, our unique flagship project in the Eastern Province on the Arabian Gulf will be built over 3.3 million square meters with 4 km of water front," he noted.

"Our focus is on building communities and we intend to bring together the resources required to build modern communities without losing our traditional values. Our projects will look after all the needs of residents and occupants in a holistic way, providing infrastructure facilities and amenities including streets and mosques," Al-Kadi said.
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Notes and media contacts

About Injaz:
Injaz Development Company was established in 2006 in Riyadh as a Saudi investment company and a master developer. It is specialized in designing and building comprehensive projects that form "cities within cities". It also acts as a real estate consulting company and investor.

Marina, Injaz's first project, is considered one of the most important among the Kingdom's real estate projects. It is located on the Al-Khobar-Dammam corridor on the seafront, and will consist of residential units and commercial buildings, supported by infrastructure and community amenities such as roads, mosques and recreational facilities.


For more information, please contact:
Mr. Mohamed Itani
Injaz Development
Tel 01-4607755
or
Ms. Ibtihal AlSamaraie
Creative Communication contacts
Tel 01-4612966

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