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Palestine- Bayti begins construction at Rawabi  Join our daily free Newsletter

MENAFN - 05/01/2010

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(MENAFN) The developer Bayti Real Estate Investment Company said that construction works in Rawabi project, the first Palestinian planned city has started, after receiving the go-ahead from the Palestinian Authority.

Al Saad said that Rawabi, as a national undertaking, will create thousands of jobs, and will provide new opportunities for the Palestinian people to own homes at affordable prices. It will provide more than 5,000 affordable housing units with nine different floor-plans to choose from, spread across 23 neighborhoods. Rawabi will initially be home to 25,000 residents, with additional residential and commercial units slated for subsequent construction phases.

Head of the Ajjoul Local Village Council, an adjacent village which borders Rawabi, said that parts of Ajjoul will ultimately be incorporated into the new Rawabi municipality, and current Ajjoul residents look forward to the advantages that such close proximity to Rawabi will provide.

Rawabi will be built as a modern high-tech city with mid-rise buildings, green parks and shopping areas. It will include fully developed infrastructure, a business district and commercial center, private and public schools, mosques and a church, public parks, a hotel and convention center, a cinema, a library and a municipal complex. Primary and secondary health care facilities, a police station and a fire station will be key features of the city, ensuring a safe, comfortable and healthy environment. The infrastructure and public facilities will benefit not only Rawabi but also the nine neighboring towns and villages.

Commenting on the launch, Ghanem Al Saad, CEO of Qatari Diar, the main partner financing the project, reaffirmed his company's commitment to Rawabi's success.

It is worth mentioning that Rawabi is being developed by Bayti Real Estate Investment Company, jointly owned by Qatari Government, owned Qatari Diar and Ramallah-based Massar International.

 






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