01 May 2016

Leading developer Tilal Properties is studying proposals for two new projects worth Dh3 billion ($816 million) in Sharjah, according to a report.

The first project will comprise housing units, while the second one will be an industrial city, the company’s director general Khalifa Al Shaibani was quoted as saying by the Mubasher news website.

Al Shaibani said the company was pressing ahead with its 25-million-sq-m Tilal City project in Sharjah at an investment of around Dh2.4 billion ($653 million).

Al Shaibani expects the first two phases to be delivered by December this year and phases Three and Four by December 2017, stated the report.

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