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Dubai's Buroj signs USD5.1b Bosnia tourist city contract
(MENAFN) A Dubai-based developer signed a USD5.1 billion contract to build a "tourist city" in Bosnia, which has become a magnet for investment from the United Arab Emirates.
Buroj Property Development plans to build thousands of homes, several hotels, a shopping mall and a hospital in the municipality of Trnovo at the foot of Bjelasica, one of four mountains surrounding the capital Sarajevo.
"This is my life project and I hope that we will finish it without delay", the company's president said at the signing ceremony, adding that work on the complex is set to begin in April.
Buroj Property Development plans to build thousands of homes, several hotels, a shopping mall and a hospital in the municipality of Trnovo at the foot of Bjelasica, one of four mountains surrounding the capital Sarajevo.
"This is my life project and I hope that we will finish it without delay", the company's president said at the signing ceremony, adding that work on the complex is set to begin in April.
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