
Delegates at the ‘Third Major New Project Opportunities In Qatar’ held last month heard how The Pearl-Qatar, a $2.5 billion island being reclaimed off the coast of the Qatari capital, will deliver numerous socio-economic benefits to the country and its population.
Addressing a conference being held at the Intercontinental Hotel Doha, Nick Bashkiroff, development director for The Pearl-Qatar, said: “Certainly The Pearl-Qatar is a commercial enterprise – a ground-floor opportunity to get into Qatar’s newly emerging international real estate market – but it will also have numerous socio-economic benefits for this country.
Benefits include: improved water flow through the West Bay Lagoon through the design of the eight km Grand Cruz causeway which will link The Pearl-Qatar with the mainland; the provision of an increased diversity of housing styles, many of which are not currently available in Qatar; the creation of new environments and experiences to the region such as international yachting facilities and an enhanced aesthetic appeal for Doha through the creation of the lushly landscaped island.