image description
image description
Tell A Friend

Archives


  • 25-02-14

    Saudi company to invest USD100 m in tourist resort

    (MENAFN) The Best Choice Real Estate Development plans to invest USD100 million in a tourist property that is expected to offer fruitful investment opportunities for Saudi investors, according to Arab News. The Riyadh-based real estate investment and development firm will develop a tourist resort in Vadinolhu Island, located in Laamu Atoll in the Maldives. The project is expected to be completed in 2017. The company will work on seven-hectare area of Vadinolhu Island as a five-star resort. Mohamad Rabih Itani, CEO of Best Choice Real Estate, said: "The Maldives offers tremendous investment opportunities, especially in the hospitality sector, as it has rapidly emerged as a destination of choice for international tourists. Our aim is to develop Vadinolhu Island as a high-end resort with world-class facilities to promote it as a complete family destination."

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved