Tourism & Hospitality | Wednesday 29 August, 2018 1:00 pm |

Issa Ataya: Sharjah’s secure investment-friendly environment, reliable infrastructure & robust governance drive economic growth

Sharjah-based developer Alef Group has appointed Al Hamad Building Contracting Company, a subsidiary of Al Hamad Group of Companies, as the main contractor for its flagship Al Mamsha project, Sharjah’s first fully walkable community.

Al Mamsha project reinforces Alef Group’s strategy to undertake sustainable developmental projects in the emirate. The AED 3 billion project is a landmark mixed-use development in Sharjah that brings together modern living, retail and leisure in an upscale environment connected with sidewalks and walkways.

Al Hamad Group of Companies is a renowned organization specialized in Design, Execution and Maintenance of Structural, Special Construction, Steel Rebar Processing, Finishing, Electro Mechanical, Interior Decoration, External and other related works with a diversified portfolio of  leading projects in the Mena region including mixed use developments and five star hotels. Commenting on the contract award, Issa Ataya, Alef Group, Managing Director, has emphasized on the importance of appointing Al Hamad Building Contracting Company as the main contractor for Al Mamsha, highlighting that the company is ranked as a ‘First Category’ contractor according to the classification of “Construction Contractors Association” holding a prestigious international status and high ranking in the fields of construction, infrastructure, and high-tech engineering,

Blending a strikingly modern and minimalistic design with an extensive range of residential properties and active retail and leisure districts, Al Mamsha boasts a strategic location at the nexus of Sharjah’s main highways ensuring easy access to major metropolitan areas as well as to Dubai and the Northern Emirates. Al Mamsha spans over a total land area of approximately three million square-feet that will have a built-up area of 9.3 million square-feet and a retail floor area of 500,000 square-feet.

Residents at Al Mamsha will enjoy a wide range of amenities and community facilities including dedicated cluster swimming pools, health club & gym facilities, walkways, nurseries, family entertainment centre, a dedicated kids’ zone, retail spine and more. Al Mamsha also features a series of access points leading directly to the basement parking offering its residents on-site underground parking with elevator access to the residential floors, community services and retail offerings making it a car free, safe community all year round.

Providing spacious and affordable living spaces, the residential buildings at Al Mamsha stand out with their low-density design and state-of-the-art safety and security features, offering a vast array of studios, one-, two- and three-bedroom apartments, in addition to an exclusive selection of duplexes and penthouses featuring wide terraces and private gardens.

Designed as the focal point of the community, The Khan will serve as the central F&B hub of Al Mamsha, connecting residents and visitors together. The Khan will feature a diverse range of cafes and restaurants that overlook the vibrant community square highlighted by stunning water features and ample greenery. All coffee shops and restaurants at The Khan will feature indoor as well as shaded outdoor seating areas.

The Entertainment Zone at Al Mamsha includes a live event platform that will host musical concerts, art galleries, Friday market, food tasting and outdoor fitness events. The Entertainment Zone will host activities to suit the needs of adults and children alike, with a constantly evolving line-up of live events and programmes.

Ataya praised the investment and economic scene in Sharjah, stressing that the emirate has become a preferred destination for investment regionally and internationally, due to its distinguished strategic location and the privileged facilities and services it offers to various business sectors.

He said, “The Emirate of Sharjah provides a secure investment environment, advanced infrastructure and a robust legislative system that ensures legal security for investors from around the world, and Alef Group is fully aware of the Emirate's strategy that international investment is not a means for achieving economic objectives, but rather a partnership in the sustainable economic and social development drive, in building a knowledge and production-based economy, and in ramping up national income. The investment environment here adopts a policy of economic diversification to draw different types of investments, while providing a family-friendly landscape that spurs the establishment of diverse and innovative projects which make the emirate a preferred integrated family destination in the region.”