Emirati Al Maabar International Investments Company recently announced its plans to build one of its biggest projects in the African Continent. This project is ‘Bled El Ward’ (City Of Roses) on the northern rives of the capital Tunis, in Ariana, on a total area of 5 Thousands Hectares, with a total cost that reaches $10 Billion.
The project will result in the construction of a modern city made up with many components such as the International Health city, water channels in addition to tourist resorts, residencies, sport facilities, Golf fields, and areas for shopping, entertainments and open space.
The project derives its name from the old name of the Tunisian city, Ariana, which is known for its beautiful roses and flowers and its soft breeze.
Its design gets its name from the old architecture history. It is based on the most modernized architecture styles. Furthermore, it gives priority to the environment and nature as whole, with its sea and forests sides. It also provides 50 Km of beaches through its water channels.
The realisation of ‘Bled El Ward’ project will be on many phases. The first is ‘Diar El Fel’ zone that covers 300 hectares, 190 Hectares will be devoted to building. The development period of this project will be 5 years.
Personally, I think it is great that more Emirati companies and businesses are investing in Tunisia, it’s great for the economy, for creating jobs, for modernizing our cities and above all it’s a great example of how we as Arabs can work and succeed together when we really want to.
[Sources: ArabianBusiness, Seoul Times, WebManagerCenter (FR)]