MEEF - Middle East Engineering Projects News & Releases - previous page
Feb 2 (APP): Chairman Senate Muhammadmian Soomro has said that
climate of investment is conducive in the country because of
far-reaching reforms introduced by the government in every
sector of the economy. Investors could take advantage of the
favourable environment and
invest in areas offering lucrative returns, he made these
remarks after visiting a project of Al-Ghurair Giga here.
Soomro terms investment climate conducive, visits
Al Ghurair Giga project
He said housing is one of the basic human requirements and the
government is committed to give priority to this sector, as it
will contribute to the economy in the form of additional
employment besides supporting allied industries, says a press
release issued here on Friday.
Vice Chairman of Al
Ghurair Giga, Haji Rafiq Giga on the occasion said that these
projects can be seen as catalysts for the local economy and our
projects will ensure global standards.
"We will be achieving this goal with the help of strategic
partnership with local and international suppliers," he added.
Al Ghurair Giga Pakistan is investing Rs. 95 billion on the
current residential and commercial projects at DHA.
It is working with two renowned Malaysian companies IJM and Bina
Goodyear as construction partners. Goldcrest, the residential
complex will be completed by December 2008.
UAE-based group, Al Ghurair Giga is one of the fastest growing
estate developers in the Gulf, with a host of successful
projects in the Middle East and around the world.
Its winning formula is its team of highly qualified
professionals in the field of architecture, interior designing,
construction and management, with an in-depth knowledge and
hands-on experience of numerous landmark projects such as,
Goldcrest Executive Tower, Goldcrest Views and Goldcrest Dreams.
Al Ghurair Giga is a joint venture between Al Ghurair Group and
Enterprises of United Arab Emirates.
The group also has many other diversified businesses like gold
refining, textiles and banking.