Work on The Pearl-Qatar, the multi-billion dollar offshore real estate venture being developed in Qatar has been moving ahead on schedule with more than 75 per cent of the dredging process and land reclamation completed, said the project's Development Director Nick Bashkiroff.
According to the Peninsula, the multi-billion man-made island will be home to nearly 40,000 residents by 2009 and the first units will be ready for occupants in late 2007, he disclosed.
