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Dhs600 million redevelopment for City Centre Ajman


Developer Majid Al Futtaim has announced a Dhs600 million redevelopment of City Centre Ajman that will see the mall almost double in size. The firm said in its announcement on Tuesday that the expanded mall, which is anticipated for completion in the third quarter of 2017, will feature 150 retail and dining outlets. The project is estimated to involve the creation of 500 new jobs, the firm said, alongside work on the the Al Zahia master-planned community and mall in Sharjah, as well as the redevelopment of City Centre Sharjah. Kim McInnes, Chief Executive Officer, Shopping Malls at Majid Al Futtaim, Properties said: “The UAE’s Northern Emirates are a key growth area for Majid Al Futtaim, enabling us to deliver an entirely new set of retail, dining, leisure, and entertainment experiences to both residents and overseas visitors. “As Ajman’s population increases and a growing number of tourists visit this part of the country, the redevelopment of City Centre Ajman will deliver the highest standard of design and diversity of choice while contributing significantly to the emirate’s economic and employment landscapes.” Majid Al Futtaim said the move will bring the company’s investment in the UAE to Dhs48 billion.


Source : http://7days.ae/
Posted on :8/23/2016