QATARI DIAR announce emerging construction works in Tajikistan
Tajikistan will soon be home to a prominent mixed-use property owned by QATARI DIAR Real Estate Investment Company after details of the 'first-class' Diar Dushanbe development were revealed. The company also revealed that this was just one of several projects they were developing in the emerging market.
To be built in the country's capital, Dushanbe, the masterplan covers 68,000 sq m of waterfront land on the picturesque Yavonon Lake and will include residential towers, commercial and retail space, a luxurious landmark 5-star hotel, sports and leisure facilities, and a waterfront promenade.
During the unveiling ceremony, QATARI DIAR’s CEO Ghanim bin Saad al-Saad visited the site and presented a model of Diar Dushanbe to Tajikistan President H. H. Emomali Rahmon at the President’s Palace.
The project's architects OBM International have developed a plan that aims to compliment and support the other developments in the area, as well as the future growth of the greater city of Dushanbe. Speaking on Diar Dushanbe, al-Saad remarked: “QATARI DIAR is proud to continue our strong growth and expansion, especially into new markets with an underserved need for quality residential and commercial real estate that meet the highest international standards. Our focus will be on creating in Tajikistan a high-quality, well-planned, desirable and innovative real-estate development that will deliver a high standard of lifestyle. QATARI DIAR is fully committed to supporting the further development of Tajikistan through the company’s development and investment.”
In appreciation of the resources and market capacity of the Tajiki capital, Dr. Hassan Al Fadala, Deputy CEO for operations at QATARI DIAR said: “QATARI DIAR sees a strong opportunity to develop an economically viable, high-quality, differentiated and integrated world-class development in Dushanbe that balances economic, social, and environmental sustainability. Our development aims to create a focal point in Tajikistan for quality business and residential use, serving as a magnet for both local and international clients. We look forward to helping further support and meet the growing demands of the country’s continued economic and business development.”