(openPR) - Amman, November 5th, 2006: Following its successful participation in PropertyLink 2006, Union Land Development (ULD), one of the fastest growing land and real estate developers in Jordan, will be a vital participant in EKAR INVEST 2006, to be held at the Al Abdali project location from 6th-10th November, where ULD will demonstrate a number of its residential, commercial and tourism projects.
"We always aim to present the most competitive projects, supported by a bundle of world-class features and services. We strongly believe in our capability to compete and achieve, as we also believe in our role in contributing effectively to the development of the national economy by attracting foreign investors, lowering unemployment, and motivating local investments", Engineer Ramzi Salfity, General Manager of ULD commented.
EKAR INVEST 2006 is considered to be one of the most important business and construction fairs in Jordan, and a significant opportunity for attendees to view the real estate market in the Middle East in general and the mounting importance of the Jordanian market in particular. The event will bring together investment houses, banks, architectural firms, contractors, land developers and other industries that constitute the real estate market.
ULD has announced the launch of numerous projects throughout the year, amongst which are Al Abdali tower, Abdoun residential complex, Sueifieh housing project, Wadi Sakra and Al Kursi projects, and Zara chalets project in the Dead Sea.
"Our focus is totally on raising quality and creativity standards within our product range. The sector is continuing to achieve substantial and rapid growth and we are meeting demand head on. We invite all interested parties to visit our booth in EKAR INVEST 2006, and we wish that the fair will achieve the success we all desire". Eng. Salfity concluded.
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For more information, please contact:
Ziad Qasem /Mouath Tarshihi
Asdaa Public Relations – Jordan
Tel: 962 6 5520791
Fax: 962 6 5519271
About Union Land Development (ULD):
Union Land Development Company (ULD) is a public shareholding company that was established in 1995, as a result of the mergence of Jordan Gulf Company for Real Estate Investments and Petra for Projects and Equipment Rentals, with a starting capital of 5 million JD.
On June 1st 2004, ULD acquired the Middle East & Commodore Hotels Company, thus increasing its capital to 7 million JD. Recently, ULD has increased its capital to 45 million JDs. ULD's major functions and services are:
I) Investment in land and real estate; developing it for various projects such as residential, commercial, tourist, recreational, and industrial.
II) Building, owning hotels operated and managed by international hotel chains.
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