Sama Dubai, real estate unit of Dubai Holding, will begin work on the largest investment project in Tunisian history.
"Work on this project starts in the months to come. It will happen in steps and will take 10 years to complete. The first buildings will be ready in 2 years," said Mohammed Al Gergawi, Director General of Dubai Holding, on Tuesday.
Sama Dubai will invest 14 billion dollars in a luxury real estate project in northern Tunis, comprising apartments, theatres, movie houses, offices, and hotels over an area of 837 hectares.