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Emaar, $43bn Pakistan venture
- United Arab Emirates: Thursday, September 28 - 2006 at 07:30
Emaar has been given the go-ahead by Pakistan's government for a $43bn project to develop two resorts near Karachi, Gulf News reported. The Dubai-based developer will build apartments, resorts and entertainment facilities over 13 years on Bundal and Buddo Islands. The land will be provided by Pakistan's Port Qasim, which holds a 15% stake in the project.
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James McInerney, News EditorThursday, September 28 - 2006 at 07:30 UAE local time (GMT+4)
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This article was updated on Mon Oct 23 2006.
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