Saturday, April 23, 2011

Qatar Plans To Build World’s Tallest Tower

Gulf NewsManama Qatar plans to construct the tallest tower in the world, local media reported.

“We have plans in the pipeline to build the tallest tower in Doha, however, it is subject to obtaining land from the concerned authorities,” Shaikh Thani Bin Abdullah Al Thani, chairman of Ezdan Real Estate Company, one of the largest real estate development companies in the region, said.

He however, did not give more details on the proposed tower project, Qatar Tribune daily reported on Wednesday.

Burj Khalifa in Dubai, standing 828 metres high, currently holds the official title as the tallest building in the world. Ezdan has over 7,000 residential units, which would go up to 18,000 once its projects are completed, Shaikh Thani said.

The company has bought millions of square metres of land and built partnerships with the landowners. However, not all permits for construction have been issued and the company is trying to get the process completed, he said.

According to the chairman, the new projects will add to the company’s properties tens of thousands of apartments and villas, dedicated to middle income people, which is the largest segment of the society.

“Today, Ezdan is one of the top companies in terms of market value in the GCC, and has emerged strongly in the business world and the investment sector, both locally and globally,” he said. “Last year, the company signed an agreement with Fifa and Qatar Bid Committee 2022 to build 50,000 housing units ahead of the global event.”

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