- Said: no place for investments like home
Despite the current global economic slowdown triggered by international credit fears and its impact on many economies across the world, The Land Qatar has announced today that its real estate projects and investments in the country will continue unabated, expressing strong confidence in Qatar’s growing economy and its ability to attract global investments.
In a press release issued by the company, The Land Qatar appreciated the strong performance of the Qatari economy and its ability to face the global financial crisis, thanks to the wise leadership and policies of the government. Confirming its commitment and promise to keep supporting the local economy, The Land Qatar stressed that its long term strategy will guarantee profitable business for investors.
With over 2 billion US dollar in real estate investments, the Land Qatar is considered one of the largest developers in the Pearl Qatar. The company is constructing 17 towers in Porto Arabia and Viva Bahriya, as well as the exclusive Perlita Gardens. The Land Qatar is also continuing its work in Energy City Qatar (ECQ), building a unique commercial center which will cater to the energy sector.
Commenting on the impact of the current global financial crisis on the company''s performance in the Qatari market, Mr. Said Said, President of The Land Holding said: "The Qatar economy enjoys tremendous growth capabilities and has increasing opportunities of investments which concur with the future vision of the wise leadership of the country, the stable economy and the support announced by the officials to face the current global challenges".
"We have been investing in Qatar since 2004, with well drawn, long term ambitious plans, inspired by our belief in the strong Qatari economy. Moreover, The Land Qatar is one of the fastest growing companies in the Middle East, with ambitious investment and development plans. We aim to become the leading real estate investment and development company in the region", Said added.
Focusing on the importance of investing in Qatar, Said assured of the company’s continuous investments saying: "Nothing can be better than investing in the land we live in. We invest in our homelands taking great care of the details, so as to create attractive life-styles and world class communities, thus enhancing society’s welfare and the nation''s growth. We are investing in a stable and ambitious economy and investors in Qatar should invest here, the land of a promising and secure future".
The Land Qatar reiterates its confidence in the strength and stability of the local economy and its ability to stand up to the global crises, and emphasises its commitment towards the community and the nation.
