Ajman Plans Dh1.4b Infrastructure Projects To Support DevelopmentWednesday, July 30, 2008
Ajman has around Dh1.4 billion worth of infrastructure projects under construction to support the rocketing pace of real estate development in the emirate. Ajman has the third largest real estate market in the UAE, just behind Dubai and Abu Dhabi. There are currently six mega projects underway in Ajman, with a combined value of Dh40.8 billion, according to Mohammad Al Zarah, vice-president of Great Properties. This accounts for over 10 per cent of all projects underway in the whole of the UAE.Projects in Dubai account for 50 per cent of the UAE's construction activities and Abu Dhabi projects account for 30 per cent, according to Al Zarah.Ajman is now making headway in improving its roads and sewage treatment plants. Source: Gulf News
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