Arab Today, arab today lusail city to receive first tenants by next yearend
Last Updated : GMT 06:58:42
Arab Today, arab today
Arab Today, arab today

Lusail City to receive first tenants by next year-end

Arab Today, arab today

Arab Today, arab today Lusail City to receive first tenants by next year-end

Doha - Arabstoday

Lusail City expects to receive first tenants by the end of next year, said Essa Mohamed Ali Kaldari, CEO of Lusail Real Estate Development Company, which implements the ultra modern urban development. “We have a number of investors who have started constructing buildings and some of these are in the commissioning stage,” Kaldari said in reply to a question by Gulf Times at a press conference yesterday. “We, at Qatari Diar, are competing with other investors to be among the first tenants; we are also planning to move into one of the buildings in Lusail City,” Kaldari said. He said Lusail City is expected to be “fully built” by 2020.  At that time, the futuristic project can accommodate some 200,000 residents and 170,000 employees in the commercial area; it will also welcome in excess of 80,000 visitors. The total estimated population of Lusail will eventually reach 450,000 people. The city will also include numerous residential units, office buildings of various sizes and many hotels with different international star ratings. The new extension to Doha, Lusail City is an ambitious and ground breaking concept of Qatari Diar Real Estate Investment Company. In September of 2008, Lusail Real Estate Development Company (LREDC) was assigned to deliver and distinguish Lusail City as the ‘conscience of sustainable development’ and set new standards for community facilities and services. Lusail City extends across an area of 38sq km and includes four exclusive islands and 19 multi-purpose residential, mixed use, entertainment and commercial districts, according to information posted on the company website. It is a comprehensive arena with leisure spots, residential buildings, commercial towers, avenues and public ports. Qtel, which, concluded a deal with Lusail Real Estate Development Company to roll out advanced telecom services in the mixed-use development said it would provide “complete communications infrastructure such as smart technology solutions”. Qtel chief operating officer Waleed Mohamed al-Sayed said the company would mobilise its resources to provide modern telecommunication facilities in Lusail. “We will bring to Lusail the latest telecommunication facilities available in the world including traditional telecom services,” al-Sayed said. “We are committed to help Qatar transform into a knowledge-based society,” he said and added that Qtel won the deal at Lusail through an intensive selection process. Kaldari said both LREDC and Qtel are committed to provide long-term services to Lusail City on a “smart city technology perspective”.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today lusail city to receive first tenants by next yearend Arab Today, arab today lusail city to receive first tenants by next yearend

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday