Qatar- Diar Dushanbe "Best Decorative" Architectural Project in Tajikistan for 2011

(MENAFN - Qatar News Agency) Qatari Diar Real Estate Investment Company, an international leader in sustainable development, has won an award on its Diar Dushanbe mixed-use development this month, as the company opens construction tendering and begins earthworks at the development site.

A Diar press release, issued today, said the Diar Dushanbe project was named "best decorative" architectural project in Tajikistan for 2011 and will provide a range of residential, commercial and entertainment opportunities in the country s capital, Dushanbe.

The award honored Qatari Diar s "Diar Dushanbe" project for excellence in architectural decoration, and was presented by the Tajik government s Agency of Construction and Architecture and the Association of Builders of Tajikistan.

"We are honored to receive this recognition from the Tajik government and the Association of Builders in Tajikistan. Diar Dushanbe has been carefully designed to bring together the best of modern architecture with the beauty of traditional patterns and design in a contemporary urban setting," commented Eng. Mohamed bin Ali Al Hedfa, Group CEO of Qatari Diar.

"Residents of Diar Dushanbe will enjoy an affordable and high-quality lifestyle, complete with world-class residential services, at the heart of the Tajik capital," added Al Hedfa.

In late August of this year, the State of Qatar and the Republic of Tajikistan signed an agreement permitting Qatari Diar to begin work on Diar Dushanbe. After an extensive study and rigorous design and planning process, the company has wasted no time in starting work on the 68,000 square-meter Diar Dushanbe development.

"We are eager to start work on our first project in Central Asia and we are proud to be bringing local contractors on board to do so. Through Diar Dushanbe, Qatari Diar is not only signaling our support for Tajikistan s economy and our confidence in the country s real estate market We are providing jobs and a new urban lifestyle for Tajik nationals and residents," said Al Hedfa.

This month, the company began tendering for the first phase of construction on the project, which will include a 67-units residential tower, an office building, the central plaza. Qatari Diar has appointed five local Tajik contractors to start site preparation and earthworks, utilities replacement, site fencing, and construction of the Diar Dushanbe sales center.

The company has also invited international consultants to tender for detail design services for the development s second and third phases, which includes residential and commercial buildings with extensive retail and office space.

Qatari Diar also plays an active role in supporting various aspects of the local business sector in Tajikistan. Recently, the company sponsored the Second National Tourism Conference in Tajikistan in a gesture of support for the country s tourism sector. The conference, held on the 27th of September last year, brought together key stakeholders in Tajikistan s tourism sector to discuss the sector and its role in the country s economic development. The company previously sponsored the Organisation of the Islamic Conference s (OIC) Business Forum in Dushanbe in May 2010. The forum was aimed at promoting trade and joint venture investment among Islamic countries.

Wholly owned by Qatari Diar Real Estate Investment Company, Diar Dushanbe will create an integrated community development on the idyllic waterfront of the Gissar Canal overlooking the Kuli Javonon Lake. Diar Dushanbe will also provide a variety of leisure facilities, a shopping center, and a waterfront promenade surrounded by ample green spaces and landscaped gardens.

Diar Dushanbe will provide 1,500 jobs during project implementation and 400 jobs for the ongoing operation of the hospitality component, stores, restaurants and other facilities included in the development. The first phase of construction is expected to commence in early 2012.

Qatari Diar Tajikistan, the company responsible for managing the development of Diar Dushanbe, is a limited local company wholly owned by Qatari Diar that was established in May 2008. The company s team will combine local knowledge with international expertise to bring the Diar Dushanbe development to life.

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Qatar- Diar Dushanbe "Best Decorative" Architectural Project in Tajikistan for 2011