Abu Dhabi developers look to Pakistan

Toronto News.Net
Thursday 3rd September, 2009

An Abu Dhabi group will break new ground in December to begin work on a $1.4 billion real estate project in Lahore, Pakistan.

The Pal Group of Abu Dhabi has contracted to build the upmarket Time Square project, which will include 17 office and apartment towers, a five-star hotel and a shopping mall.

Pal will go into the project with joint-venture partner, Pakistan’s Defence Housing Authority.

The Defence Housing Authority, a property developer affiliated with that country’s armed forces, has developed similar affluent housing districts in Pakistan.

48 acres of land will be used for the development.

Have your say on this story