The project will involve the construction of commercial centres, residential apartments, towers, villas, hotels, restaurants, retail and shopping malls. Landscaping will occupy about 60 percent of the total land area. Construction is expected to start in September.
'Two months from now the master plan will be ready for Ajman municipality's approval of the environmental aspects of the project, and by mid-2008 the ground-breaking is expected,' DSEC International president and chief executive Sungdol Kim said.
It is the latest major project to be launched in Ajman. Over the last two years it has launched Emirates City, Ajman-1, and Ajman Marina (MEED 28:9:07).