United Development Company (UDC), owner and developer of The Pearl-Qatar, the multi-billion dollar offshore island and one of the largest real estate developments in the country, hosted this week

Two top government delegations from Korea and Malaysia were given an extensive project presentation and tour of The Pearl-Qatar recently.

The multi-billion dollar offshore island has increasingly been attracting investment interest from around the world and has welcomed in the past two months top American, Asian and European business leaders who expressed significant interest in the development.

The general manager for sales at The Pearl-Qatar, Salim Abdul-Rahim, and other top UDC executives led the tour on behalf of The Pearl-Qatar and UDC, the owner and developer of Pearl-Qatar.

Salim Abdul-Rahim said the presentation and tour were a success and offered the guests great insight into the vision, design and reality of the island.

“The Pearl-Qatar is one of the most exciting and prestigious real estate projects in the Middle East. More and more people in the region and around the world see this, and are keen to learn further about this project,” Abdul-Rahim said.

“It was clear from the beginning that both delegations were very interested with The Pearl-Qatar and appreciated the quality, scope and sheer magnitude of the development,” he added.

The hi-tech facilities at The Oyster Sales and Marketing Centre located on the island gave the delegates a realistic view of what The Pearl-Qatar will look like.

Officials from the two delegations said they were amazed by the size and scope of The Pearl-Qatar.

“It was very impressive to see what UDC is doing with this development, and The Pearl-Qatar model at The Oyster Sales and Marketing Centre has to be the most amazing model I have ever seen,” said Korean Deputy Minister of Projects and Transportation, Shu Hee Lee, one of the top Korean officials visiting the island.

The Malaysian delegation also expressed great enthusiasm towards the promising investment opportunities provided by the project, and stressed their interest in The Pearl-Qatar, which they regarded as strategic and vital economic target.

“We are increasingly welcoming more and more investors, government officials and business leaders from around the world who have heard about The Pearl-Qatar, and who want to see first hand the most glamorous address in the Middle East,” said Elie Jubran, marketing and communication director at UDC.

Construction of The Pearl-Qatar has been racing ahead and can be viewed from Doha’s waterfront. The island will be home to approximately 40,000 residents by 2010. - TradeArabia News Service