Al Marjan Island To Represent Ras Al Khaimah And Showcase Investment Opportunities In The Emirate At MIPIM 2018
Al Marjan Island, the main developer of freehold areas, will exclusively represent Ras Al Khaimah to highlight the Emirate’s investment opportunities at MIPIM, the world’s leading property market at Palais des Festivals, Cannes, France, from March 13 to 16, 2018.
Al Marjan Island will put the spotlight on the competitive advantages offered by the Emirate of Rash Al Khaimah, which has recorded a growth in GDP of 4.5 per cent in 2016, higher than the national rate. With the government committed to developing the Emirate as a business and tourist hub in the region, visitors to MIPIM can gain insights on the differentiating strengths of the Emirate and Al Marjan Island at the Riviera R-G10 exhibition pavilion.
Eng. Abdullah Al Abdooli, CEO of Al Marjan Island, said: “The vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, for the Emirate will cement its reputation as a global hub for property and hospitality investments that assure strong returns. Al Marjan Island is a central component of the growth strategy of the Emirate.
“With a focus on tourism and real estate investments, Al Marjan Island is offering investors an unmatched opportunity to be part of the fastest growing tourist destination in the region, which recorded 19 per cent increase in visitor arrivals in 2017. We see significant demand from investors across the world, complementing the global interest in the emirate as a destination for tourism and investment. At MIPIM, we look forward to interacting with international investors, especially from Europe, and to present to them the value proposition of Ras Al Khaimah as well as Al Marjan Island,” he added.