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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Lusail to complete Qatari city in 10 years

Posted on 16 September 2010

From Arabianbusiness.com: Lusail Real Estate Development Co, an arm of Qatar’s sovereign wealth fund, expects construction of its new residential district north of the capital Doha to be completed within a decade.
Infrastructure for Lusail City, which will accommodate 200,000 people, will be in place by the third quarter of 2015. Its buildings and homes, most being constructed by outside developers, may be finished five years later, Magdy Youssef, a company director, told reporters in Doha today……………………………………….Full Article: Source


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