Mizin launches pilot residential project 'Liwan'
- United Arab Emirates: Saturday, September 16 - 2006 at 10:42
- PRESS RELEASE
Within days of its launch, Mizin, the real estate development arm of Tatweer a member of Dubai Holding, has launched Liwan - a unique mixed use freehold township in Dubailand.
Saeed Al Muntafiq, CEO, Tatweer said: "As our pilot project, Liwan will position Mizin as a leading real estate developer. The concept, generated from unique ideas after meticulous planning, comes as a direct response to market demands. Strategically located, Liwan will gain prominence as the Eastern Gateway to Dubailand, the world's largest tourism, leisure, entertainment and lifestyle project."
In line with Mizin's vision of offering an enjoyable and convenient living experience, Liwan will attract residents opting for a tight-knit community network with easy access to work and leisure activities.
Sami Al Hashimi, CEO, Mizin said: "Reflecting Mizin's premium on superior quality, Liwan has been announced only after finalizing the master planning and the near completion of Phase 1 of the infrastructure to avoid a long waiting time for prospective investors."
Phase 1 of Liwan's infrastructure reflect the norms of Dubai Municipality, in accordance with a memorandum of understanding signed earlier between Tatweer and Dubai Municipality.
To position the project as an attractive and flexible option for investors, the design and distribution of Liwan plots is aimed to match the financial capabilities and requirements of each investor. Developed over a hilly terrain, the facility will contain six different types of buildings ranging between seven to fifteen storeys on individual plots.
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Launched in July 2006, Mizin, a member of Tatweer, is a real-estate development company specialized in Development and Infrastructure Facility Management. Going the extra mile beyond the traditional concept of real-estate development, Mizin will introduce innovative ideas with unique value propositions and ensure implementation is inline with the highest international standards.
About Tatweer
Launched in December 2005, Tatweer is one the region's most promising enterprises and the owner of seven market-leading companies and an ambitious business development plan. Its current portfolio is divided into Energy & Healthcare, Tourism & Entertainment, Industry & Knowledge, and includes forthcoming projects that will persist to the best perceived excellence standards in the strive to work Dubai up to the world-class enterprise vision that is set to be accomplished in the imminent future.
A member of Dubai Holding, Tatweer and its entities, Dubailand, Bawadi, Dubai Healthcare City, Dubai Energy, Dubai Industrial City, Mizin, and Moutamarat will continue to consolidate a group of life-improving industries. In addition, it has pioneered the market with joint venture initiatives with leading companies such as the New York Mercantile Exchange or the Saudi Research and Publishing Company.
Tatweer will continuously strive for world-class performance implementing leadership development to drive and sustain business excellence, quality and high performance.
For Further Information:
Agency:Tarek Sakik
Senior Account Manager
Jiwin the Public Relations Arm
Of Dubai Press Club
Phone: +971-4-3613593
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