$1.9bn Doha project ready for buyers in 2011

The QR7.1bn ($1.9bn) Barwa Commercial Avenue project is likely to be handed over to buyers by 2011, officials have revealed.

Yousuf bin Rashed al Khater, the newly appointed CEO of Barwa Real Estate Company, said the firm’s second major project – Barwa City – was also due to open in November 2010.

“There will not be any slowness in the progress of any of our projects,” al Khater told the Gulf Times. “The board of directors will not spare any efforts to remove any obstacle that might emerge during the implementation process.”

Construction of Barwa Commercial Avenue on an 8km stretch outside Doha is 50 percent complete. Once finished, the development will consist of 600 retail spaces and 850 residential units and offices.

Adel Bikdash, project manager, told the Qatar Tribune: “We are trying to complete the project in 43 months.”

Officials also visited the Barwa City site, where Khalid Nasser, project manager, said the first phase was 15 percent complete.

The project, built on a 2.7 square km plot, began construction in June 2007.

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