By Staff writer
Ruler says Shurooq will build water canal, a host of restaurants and cafes, movie theatre, children playgrounds
Sharjah's ruler has revealed plans to create a leisure and entertainment destination on Al Hisn Island, reclaimed land facing the Indian Ocean.
Dr Sheikh Sultan bin Mohammed Al Qasimi announced that the Sharjah Investment and Development Authority, also known as Shurooq, will develop the Al Hisn Island project.
The new development will feature a water canal, a host of restaurants and cafes, in addition to a movie theatre, children playgrounds and other amenities, news agency WAM reported.
The project is currently in the design and planning phase, it added.
Shurooq will announce further details about the project in the "near future".
Earlier this year, Sharjah approved its biggest budget ever, with $17.7 billion set aside for spending on public projects.
Almost a third of that will be spent on infrastructure works in the emirate, the second largest in the UAE.
The budget is considerably larger than that set for 2014 and will help create 1,000 jobs for Emiratis, despite increasing operational expenses due to a 28 percent rise in salary and wage allocation.
This budget aims to promote the economy of the emirate, enhance its global reputation and secure the financial stability of the emirate.