Al Habtoor Group, pioneers in the UAE real estate market, has entered into an agreement with the Dubai Investments Park (DIP) to acquire three plots to execute projects worth Dh100 million.
Mohammed Khalaf Al Habtoor, CEO of Al Hab-toor Group, Khalid Al Kamda, chairman of Dubai Investments Park Development Company, Khalid bin Khalban, managing director of the park, and Maan Halabi, executive director of Al Habtoor Group, were present on the occasion of the signing.
"We are thrilled to have Al Habtoor Group in the Dubai Investments Park as it shows the trust bestowed on the project by the local companies. The Park has attracted a lot of companies representing the trade and residential sectors in Dubai. The Al Habtoor Group projects to be executed in the DIP will be a valuable addition to the list of companies who have now become part of the park that boasts over 140 local and international companies," said Al Kamda.
Mohammed Khalaf Al Habtoor said the Dubai Investments Park is an ideal location for developed projects in Dubai and the Jebel Ali area and the Al Habtoor group is proud to be a part of the Park development.
Al Habtoor Group will be executing three projects in the park, worth Dh100 million, for which it has acquired three plots.
Al Habtoor said, "Al Habtoor Motors has acquired a 50,000 square metre plot in the park to build an extensive training and service centre to cater to the growing demand of customers. It will be the largest Mitsubishi service centre in the Middle East and design concepts have been approved and construction will commence shortly."
Gulf News
