Developer to deliver its first luxury hospitality project valued at $80m in 2018
Qatari Diar, the Gulf state’s real estate investment company, is in talks with the Tunisian government to work on its second project in the North African country while its first, the luxury Tozeur Desert Resort, heads for completion in 2018.
Khaled Mohammed Al Sayed, group CEO, Qatari Diar, told the press on the sidelines of the Tunisia 2020 international investment conference that work on the $80m luxury hotel suites was on schedule and the resort would be open for visitors in 2018.
He was also quoted by the Qatar Tribune as revealing that Qatari Diar is in talks with the Tunisian government to work on another project in the country. “We have sought permission from the Tunisian government to start another luxury project in Tunisia. Once we get the permission we will announce further details about it,” he told the paper.
According to reports in the paper, the Anantara branded resort will offer 93 guest rooms and villas, including pool villas, a selection of restaurants and bars, meeting and business facilities, a health club and Spa, and is a reflection of Qatar’s strategic commitment to supporting development and growth in Tunisia.
The project would create jobs and give fresh impetus to direct tourism investments in Tunisia while broadening the prospects of the hospitality industry in the immediate region, Al Sayed said.