UDC signs pact to develop mall in The Pearl-Qatar

United Development Company (UDC), master developer of The Pearl-Qatar, has announced the signing of an agreement with Mohammed Al Hamad Al Mana Group covering the sale of a land plot in La Plage South district. The land would be used for the construction of 04 Mall, a commercial mall scheduled to open its doors to the public in the third quarter of 2018, UDC said in a press statement on Wednesday.The agreement was signed by UDC president and CEO Ibrahim Jassim al-Othman and Mohammed Al Hamad Al Mana Group CEO Abdulaziz Mohamed Hamad al-Mana during a signing ceremony at the Oyster Building in The Pearl-Qatar on Wednesday. Al-Othman said the investment of Al Mana in The Pearl-Qatar “reflects a growing confidence of the local business sector in the development of the island and its investment potential”. It also serves as “a further testament of The Pearl-Qatar’s position as the retail shopping destination of choice in the country”.Artist's perspective of '04 Mall'starget="_blank"'>