Qatari Diar Real Estate Investment Company has opened the visitor centre and headquarters of its flagship project in the Central Asian republic of Tajikistan.
The inauguration ceremony was attended by Anvar Najmidinov, deputy chairman of the state committee on investments and state property management, along with officials from the Ministry of Economy and Trade, Ministry of Foreign Affairs, Ministry of Finance, and Dushanbe Municipality, and a number of VIP guests. Large number of interested Tajik buyers also attended the opening ceremony.
Eng Mohamed bin Ali al-Hedfa, GCEO of Qatari Diar, said: “Tajikistan is in an ideal geographical location, and provides the right climate to attract regional and international business and tourism investors. We are working tirelessly to create a fully-integrated modern living environment through Diar Dushanbe that will be a model for development in Central Asia.”
“We dedicate this significant milestone in the development of Diar Dushanbe to HH the Emir, Sheikh Hamad bin Khalifa al-Thani and to the entire State of Qatar on the occasion of Qatar National Day. We are committed to every step of this project, which we see as a building block of Qatari-Tajiki relations,” added al-Hedfa.
Diar Dushanbe will create an integrated community development on the idyllic waterfront of the Gissar Canal, overlooking the Kuli Javonon Lake. In addition to delivering world-class residential units, Diar Dushanbe will create highly-desirable business centre and retail space in the heart of the Tajik capital. The project will provide 1,500 job opportunities during its construction and 400 opportunities when the hotel, restaurants and other social amenities open.
“The project will give an additional push to the Tajiki economy through job opportunities created across a variety of sectors,” said al-Hedfa.
Diar Dushanbe is set to become an ultimate leisure destination in Tajikistan and neighbouring countries, due to unique characteristics including use of efficient energy technology, earthquake-resistant construction, and sensor-activated lighting. It is the first real estate development in Tajikistan to allow foreign ownership of units.
Additionally, the development is equipped with fibre optic networking offering high-speed ICT connectivity, an innovative waste collection system, advanced water filtration mechanism, and water and electricity storage capacity for up to four days.
The Visitor Centre and headquarters form part of Phase One of Diar Dushanbe, which also features a residential tower comprising 67 units, an administrative building and a central piazza. Five local contractors have been involved in site preparation, earthworks, utilities replacement, site fencing, and construction, after a landmark bilateral MoU in August 2011 between Qatari Diar and the Tajiki government paved the way for project initiation. An international firm has been appointed to undertake the construction of Phase One.