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The two leaders reviewed various aspects of the longstanding bilateral ties, particularly in the fields of trade and investment
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IREF Showcases Jeddah Five-year Development Plans
DUBAI - Various development plans for Jeddah over the next five years were showcased at the annual International Real Estate Finance (IREF) 2008 conference held in London recently.
Organised by ICG-Events, it discussed the latest trends and developments in the sector, especially Islamic real estate finance in the Gulf Cooperation Council countries and the
Addressing the conference, Abdulgadir Amir, deputy mayor for planning and urban development at Jeddah Municipality, said the projects include the re-development of the North Corniche — a 12-kilometre stretch for which the master plan has been completed by British consultants Scott Wilson.
He added that the total estimated project spend for the renovation and new infrastructure projects, excluding the sewage, desalination, transport projects that are funded from central government budgets, is about SR30 billion. — habib@khaleejtimes.com
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