30% of Sharjah Investment Center land flattening works completed
February 07, 2007
The region's leading property developer, SNASCO announced that it had accomplished 30% of the Sharjah Investment Center's lanf flattening works. In October 2006 SNASCO launched the Sharjah Investment Center (SIC) a 32 million sq ft mixed-use project. The development is situated on the Emirates Road near to Sharjah International Airport and Hamriyah Port, and is the first mixed use industrial development in Sharjah. The project is characterized as a multi-purpose initiative, which includes industrial parks and commercial and residential campuses; delivering investment and logistic services that add a new economical dimension to the emirate.
Flattening work was initiated one month after the project's launch, with the development includes storage areas, labor accommodation, logistic support areas, and a special area for light and medium industry. Additionally there will be hotels, leisure services and a commercial center.
"Accomplishing 30% of SIC's land flattening works in just 3 months shows our dedication to this project and our commitment to the time schedule we have made for this venture", said Mr. Saleh N. Al-Sorayai, Chairman of SNASCO.
"This preparation work literally lays the ground for a project that will benefit a great number of investors who are interested in industrial, commercial and services businesses. All that we are doing here is based on feasibility studies which we have been conducting for the last two years." he added.
"This achievement encourages us to complete the rest of our projects in a similarly efficient manner." he ended.