Taameer Jordan Holdings recently announced that it is the Golden Sponsor for Jordan’s Second Annual Real-Estate and Investment Exhibition Ekar Invest 2007. This event is scheduled to be held between December 10th and December 13th at the Amman International Exhibition Park located on the Airport Road.
Taameer Jordan Holdings will be participating in this event for the second consecutive year. Through its participation and sponsorship, it will tout a detailed model of its Al-Jiza residential project. The company will also be showcasing its Andalucia Project and its Red Sea resort project at the event.
Providing a space that allows visitors to survey and evaluate the investment climate of Jordan, Ekar Invest this year is expected to attract real-estate developers, engineering firms, bankers, financial institutions and organizations, alongside key decision makers.
Commenting on the company’s participation in the event, Mr. Khalid Dahleh, Board Chairman of Taameer Jordan Holdings, said, “We are proud to be taking part in this event, as our sponsorship of Ekar Invest stems directly from our long-term strategy to meet with prospective investors and to introduce eager buyers to our flagship real-estate development solutions.”
Considered the largest residential project in Jordan, Al Jiza is developed in collaboration with the Housing and Urban Development Corporation (HUDC) and with an investment of US$ 900 million. Al Jiza’s first phase is being constructed on a 3 million-sqm plot with around 16,000 housing units scheduled for delivery by 2012. Reflecting modern living, the project’s water pipes, electricity, communication cables, and roadways adhere to global standards. Furthermore, Al Jiza offers comprehensive facilities and services ranging from schools, commercial complexes, medical clinics, entertainment outlets, public parks, and parking lots. In order to make Al Jiza affordable to low- and middle-income segments, prices of units begin at 24,000 Jordanian Dinars (JDs).
Taameer Jordan Holdings’ strategy is geared towards securing housing, commercial and tourist real-estate solutions that target all sectors of the local community. It plans to launch such projects across the Kingdom and in compliance with individual and diversified real estate related needs. It strives to ensure premium quality real-estate solutions and timely delivery through the strategic partnerships it forms with key market providers working in related fields.
It is important to note that Ekar Invest was held for the first time in Jordan at the Abdali Development Project area in 2006. The event this year is organized by IFP Jordan and is expected to attract a large number of guests.
About TAAMEER Jordan Holdings
Taameer Jordan Holdings is a public shareholding company working in real-estate development sector. Established in 2005 with a capital worth JD 300 million, it is considered the largest real-estate development company operating in Jordan with investments of US$ 2.3 billion. Taameer Jordan Holdings is the 7th out of the 30 largest companies listed in the Jordanian stock exchange. Its board of directors is chaired by Eng. Khalid Dahleh, and its GM is Dr. Khalid al Wazani. As part of its mission to provide a luxurious lifestyle for all segments of the community and expand its operations in the Middle East and North Africa, Taameer Jordan Holdings at present is working on several real-estate projects in the country, with aims to provide its clients with a valuable return on investment. The company operates several investment and real-estate development arms under its umbrella. Through its subsidiaries it strives to contribute to Jordan’s economic and social development. Its projects include Ayla Park Plaza, the Red Sea Resort, Andalucia, Gardens Villas, al Jiza Residential City, Teachers Villages, and al Mushatta industrial city.
