Their News [Archives:2008/1161/Local News]

May 5 2008

– Vice President, Qatari Crown Prince launched Rayan Hills Project

Along with Qatari Crown Prince Tamim bin Hamad Al-Thani, Vice President Abdu Rabu Mansour Hadi attended the ceremony inaugurating the Tourist Real Estate Rayan Hills Project on Sunday.

The project, which is considered the biggest tourist and real estate one in Yemen, will be constructed on the Attan Hill here on the area estimated at 500.000 square meters with investment cost of $ 560 million.

The project, which will be carried out by Al-Yemania Al-Qataria Company for Investment and Real Estate Development, is one of Qatari based Al-Addiyar Real Estate Investment Company.

In the ceremony, the Head of Yemeni General Investment Authority Salah Al-Attar delivered a speech in which he welcomed the Qatari Crown Prince and the accompanying delegation, noting that the project is of the vital importance for the revival of investment and tourism in Yemen.

He clarified that the project is composed of trade centers, housing units, sports and tourist facilities, which will include five-star hotels and conference halls, which can provide many job opportunities to Yemeni workers.

He hoped that the project, which reflects the augmentation of Yemeni-Qatari relations, would be followed by other strategic ones, and confirmed that such projects would get the government's care and concern.

“Qatari Emir Hamad Al-Thani is focusing on developing inter-Arab relations in all fields