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Emaar, Syrian JV forges ahead
- Syria: Thursday, July 30 - 2009 at 11:00
Dubai-based Investment Group Overseas has said its $1.1bn Syrian development project will not be derailed by the merger of its partner Emaar Properties with fellow UAE firms, Reuters has reported. Emaar-IGO is still aiming to complete the first phase of the Eighth Gate project, which will include the new Damascus Stock Exchange, by April 2010, IGO managing partner Anas Kozbari has said. The entire development would be completed by 2012/13, he added.
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