Dubai Investments’ stand at the exhibition is
currently showcasing its latest projects with particular focus on its
upcoming AED 14 billion worth mixed-use flagship project in Ajman.
Prestigious projects undertaken by Dubai Investments Real Estate (DIRC)
and Al Taif Investments will also be highlighted at the exhibition.
“In line with the vision of the government of the UAE, DI has, since
its inception in 1995, continuously endeavored to support industries in
the region while growing its investment portfolio. Comprising 46
companies in diversified sectors, DI’s presence today spans practically
the entire business, industrial and real estate spectrum”, said Khalid
Kalban, Managing Director and Chief Executive Officer, DI.
“With certain natural advantages to its benefit such as a strategic
geographical location, availability of essential raw materials, lower
costs and excellent infrastructural facilities, Ajman has proved to be
an ideal location for investment. Ajman’s annual investment growth rate
stands at an average of 6.7 percent. Statistics recently released by
the Ajman Chamber of Commerce and Industry have revealed that the
emirate has attracted the highest foreign investments into the country.
DI has important plans in place to be an integral part of the success
story of Ajman”, Kalban added.
Designed to serve as a self-sustaining mutli-purpose project, DI’s
Ajman project will comprise of commercial, residential and recreational
areas linked by a well-planned transportation network that will
facilitate easy travel within the project.
The development will house a shopping mall, 4 and 5 star hotels,
hotel apartments and a specialized hospital. Designed on the lines of a
green project, the development will have a lake at its center and lots
of green spaces within, providing residents the opportunity to reside
in a clean environment with excellent facilities for sports and
recreation. Scheduled to be completed by 2015 or 2016, the project will
be situated on the centrally located Emirates Road, in between the
Emirates of Ajman and Sharjah.
“The inaugural Ajman Urban Planning Conference held last year was an
enormous success and we are very confident that this event will once
again provide a chance for leading national and international planning
scholars to present and debate current issues in planning, in a
multidisciplinary and supportive environment. We are proud to be a part
of this event”, Kalban concluded.
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