Sharjah completes work on $4.6m market projects
SHARJAH, October 27, 2020
The Sharjah Directorate of Public Works (SDPW) has announced that work has been fully completed on a Friday Market, livestock market, and fish market at Batayeh in Sharjah.
Also a feed market has been set up in Al Madam region of the northern emirate, thus taking the projects' total investment to Dh17 million ($4.6 million).
These markets are embedded in the SDPW’s development plan and in response to the needs of municipal councils, said its Chairman Engineer Ali bin Shaheen Al Suwaidi.
"Friday Market is of a great importance to the region’s economy, providing investment opportunities for residents," he stated, adding that the location and design were carefully selected to match such goals, whereas the market includes shops meeting people’s requirements.
Thanks to its strategic location, Al Suwaidi said the market is accessible to all residents and visitors coming from other emirates.
According to him, these projects provide an ideal investment opportunity for the private sector developers working in construction, operation and investment to set up community developments in the area.
They can make a major contribution by developing the targeted neighbourhoods and residential areas, and give the private sector a distinct opportunity to achieve sustainable returns, he added.-TradeArabia News Service
