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Tue 1 May 2007 10:49 AM

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Tameer’s solid presence

Tameer Real Estate International Co., the only company in Jordan affiliated to Tameer Holdings, the pioneer in real estate development in the MENA region based in the United Arab Emirates, have contracted Sigma Consulting Engineers to design and master plan its leading project called Al-Majd City in Zarqa.

Tameer Real Estate International Co., the only company in Jordan affiliated to Tameer Holdings, the pioneer in real estate development in the MENA region based in the United Arab Emirates, have contracted Sigma Consulting Engineers to design and master plan its leading project called Al-Majd City in Zarqa. Engineer Mohammad Habib, managing director in Jordan-represented Tameer Real Estate International, while Architect Hani Hakki, president of Sigma represented Sigma Consulting Engineers.

Al-Majd City is considered to be the first and one of the most prominent and largest real estate projects carried out by a real estate developer in alliance with the Housing & Urban Development Corporation. Al-Majd City is being built to include more than 20,000 residential units of apartments, villas & semi-villas, in addition to 2500 commercial units of retail shops, offices & shopping centre. The first phase of the project will be the residential units, which will comprise 8500 apartments ranging in size between 70 and 120 sq m valued at more than US$350m. Tameer will also consider local & international real estate agencies to join as investors in Al-Majd project.

The first phase of infrastructure development has been completed while the rest of the project will be accomplished within phases over a period of nine years.

"Al-Majd City project goes in parallel with the vision of Tameer International towards constructing an integrated residential city to be added on the list of pioneering projects in the MENA region," stated engineer Mohammad Habib. He also added that Sigma is a highly reputable firm as one of the biggest specialised companies in the field of designing and master planning due to their impressive record in Jordan and the region, thus their contribution is sure to add value to this ambitious development.

On the other hand, Architect Hani Hakki expressed his appreciation for this unique partnership with Tameer International for designing and accomplishing the master plan for Al-Majd City in Zarqa, and added that the key engineering plan for the city, buildings and apartments will excel in the modernity and uniqueness within their designs, execution and optimal utilisation of space.

Tameer Holding Investments was established in the United Arab Emirates in 1991, and expanded over the years with its big accomplishments and high-quality development projects to become the pioneer real estate company in the MENA region with an estimated investment portfolio of over US$40bn.

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