3
3 Real Talks y
Iraq- Alstom signs $ 1.5 billion Baghdad monorail contract
French firm Alstom has reportedly signed a $ 1.5-billion deal with the Iraqi authorities for the design and construction of a monorail system in Baghdad. ifpinfo. com
Saudi construction sector to sustain solid growth in 2013
The Saudi construction sector will witness a sustained robust growth this year, with project capital expenditures projected to reach $ 72 billion in 2013, reflecting a modest
2 percent increase over 2012 ' s $ 70.4 billion.
ifpinfo. com
Real estate in Qatar moving up
Qatar ' s huge infrastructure commitments herald a rebound in its real estate sector. As major projects get under way, market forces are really bullish.
ifpinfo. com
Iraq Gate
Iraq Gate stands as the first real estate investment project in Iraq of mixed use combining different elements of life. Built according to modern state-of-the-art design, the project provides residential buildings surrounded by large recreational spaces with unique views, recreational facilities, markets and all utilities, providing people all their needs in a contemporary and integrated style. Iraq Gate is a unique and modern architectural project offering its residents a privileged lifestyle,
including its public squares, landscaped grounds, broad streets, roads, parking lots, shopping centers, restaurants, cafes, schools and business center.
Project components
Residential buildings | International schools | Mega mall | Amusement and shopping areas | International specialized hospital | Five stars hotels.
Mohammed Bin Rashid Gardens unveiled in Dubai
HH Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai, and Vice- President and Prime Minister of the UAE, has unveiled ambitious plans for an entire city to be built in the desert.
Respectful of the region’ s cultural heritage in both scale and form, this new metropolis has been specifically designed to meet the needs of the modern Arab world.
Extending over 800 million square feet, the project incorporates new homes, outstanding educational, financial and commercial facilities, iconic civic buildings and tourist landmarks. Threading them together is more landscaped parkland than can be found in London and New York combined.
Mohammed Bin Rashid Gardens is set to become one of the world ' s most spectacular urban developments; it will cost over $ 60bn to construct. ameinfo. com
78 DORCHESTER April- 2013