/24-7PressRelease/ - December 11, 2007 - This event is scheduled to be held between December 10th and December 13th at the Amman International Exhibition Park located on the Airport Road.
Taameer Jordan Holdings will be participating in this event for the second consecutive year. Through its participation and sponsorship, it will tout a detailed model of its Al-Jiza residential project. The company will also be showcasing its Andalucia Project and its Red Sea resort project at the event.
Providing a space that allows visitors to survey and evaluate the investment climate of Jordan, Ekar Invest this year is expected to attract real-estate developers, engineering firms, bankers, financial institutions and organizations, alongside key decision makers.
Commenting on the company's participation in the event, Mr. Khalid Dahleh, Board Chairman of Taameer Jordan Holdings, said, "We are proud to be taking part in this event, as our sponsorship of Ekar Invest stems directly from our long-term strategy to meet with prospective investors and to introduce eager buyers to our flagship real-estate development solutions."
Considered the largest residential project in Jordan, Al Jiza is developed in collaboration with the Housing and Urban Development Corporation (HUDC) and with an investment of US$ 900 million. Al Jiza's first phase is being constructed on a 3 million-sqm plot with around 16,000 housing units scheduled for delivery by 2012. Reflecting modern living, the project's water pipes, electricity, communication cables, and roadways adhere to global standards. Furthermore, Al Jiza offers comprehensive facilities and services ranging from schools, commercial complexes, medical clinics, entertainment outlets, public parks, and parking lots. In order to make Al Jiza affordable to low- and middle-income segments, prices of units begin at 24,000 Jordanian Dinars (JDs).
Taameer Jordan Holdings' strategy is geared towards securing housing, commercial and tourist real-estate solutions that target all sectors of the local community. It plans to launch such projects across the Kingdom and in compliance with individual and diversified real estate related needs. It strives to ensure premium quality real-estate solutions and timely delivery through the strategic partnerships it forms with key market providers working in related fields.
It is important to note that Ekar Invest was held for the first time in Jordan at the Abdali Development Project area in 2006. The event this year is organized by IFP Jordan and is expected to attract a large number of guests.
TRACCS Jordan Maha Al Rawashdeh
Tel: (+962) 6 5924114 Fax: (+962) 6 5924334
E-mail: jordan@traccs.net
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