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MENAFN - Arab News - 22/04/2014
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(MENAFN - Arab News) Arabtec holding a major uae-based engineering and construction group of companies specializing in complex projects in the mena region announced that its newly launched subsidiary arabtec properties will be showcasing a series of its under construction and planned projects at the 8th annual addition of cityscape abu dhabi. the exhibition will run from march 22-24 at the abu dhabi national exhibition centre (adnec).

the new subsidiary which builds on arabtec's standing track record of delivering high quality real estate developments was launched with an aim to focus on lower-to middle-income housing in a series of high quality multi-use developments.

one of the company's first projects is also one of the biggest of its kind in the region which will see arabtec properties construct one million homes in egypt for lower-income egyptian families.

this will provide millions of egyptians access to full-fledged communities with public amenities such as schools hospitals parks and places of worship. the project will be developed at 13 locations in a number of governorates across the country. a model will be displayed at arabtec's stand number 6d10 alongside a series of other planned projects in abu dhabi and dubai.

hasan ismaik md & ceo arabtec holding said: 'through our participation at cityscape we hope to introduce some of our upcoming exciting projects to our current and potential investors as well as our plans for expansion into the real estate development market. our current focus for arabtec properties is to diversify the diversification of the company's portfolio and continue to extend its reach across the region."

nabil al-kindi ceo arabtec properties said: 'we are proud to see arabtec properties make its first public appearance at an important event like cityscape abu dhabi. we look forward unveiling a series of our planned and current projects which will include iconic projects."


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