Thursday, 08 January 2009
updated 1 minute ago
04:59 UAE time

YOUR DIRECTORY /

Barwa launches mixed-used project

by This email address is being protected from spam bots, you need Javascript enabled to view it on Monday, 10 November 2008

PROJECT LAUNCHED: A shot of Qatar's capital Doha. Barwa plans to build a $412 million project south of the city's airport. (AFP)

Qatar-based developer Barwa Real Estate Co. said on Monday it planned to build a 1.5 billion-riyal ($412 million) mixed-use project 10 kilometres south of Doha International Airport.

The company said in a filing on the Doha bourse that Barwa Village would include residential and retail elements and house around 13,000 residents.

Barwa said 1.046 billion riyals had been allocated for construction works and 520 million riyals for infrastructure works and services.

Story continues below ↓

The project will be completed by 2010, it said.

Barwa on Nov. 2 launched a 35 billion-riyal development in Al-Khor, north of the capital Doha, in partnership with Kuwait's Al-Imtiaz Investment Co.

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