Malaysian Prime Minister tours Nakheel projects

H.E. Abdullah Ahmad Badawi, Prime Minister of Malaysia, has toured some of the signature projects of Nakheel, the leading property developer in Dubai. The visit happened on the side of the Prime Minister’s official visit to the UAE, to attend the recently concluded Arab Strategy Forum held in Dubai where he was a keynote speaker for the concluding session.

Sultan Ahmed bin Sulayem, Executive Chairman, Nakheel said: “The Prime Minister’s visit to projects of Nakheel is a great endorsement for our signature developments. Such visits and endorsements of national leaders, policy makers, business and industry experts is a tribute to the salience of our projects which is offering some of the most unique and inspired living, retail and commercial investment options anywhere in the world. Dubai’s name is now synonymous with iconic developments as Nakheel is endeavouring to realise the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Defence Minister.”

“In addition, Dubai lies at the centre of the region in terms of offering services and infrastructure solutions for business and investment. Its safe and secure environment, tax free economy have raised its profile as evidenced by the cosmopolitan mix of several nationalities who live in Dubai. Dubai has been able to achieve all this because of the skilful and visionary nurturing of the its leaders,” added bin Sulayem.

During the tour, H.E. Badawi, complimented Nakheel for undertaking the development of The Palm and other projects, which he described as challenging. The Prime Minister said he also hoped to promote cooperation in tourism and real estate projects by taking the lead in improving the ties between the business and commercial entities based in Dubai and Malaysia.

“Malaysia is another lead market for Nakheel as investors from the country had made known their desire to invest in some of our signature projects. With regards to real estate development both Malaysia and Dubai have startling similarities in terms of the investment options and unique developments,” said Bin Sulayem. “This visit by the Prime Minister, has given more depth to the fruitful relationship that Nakheel has with leading commercial and engineering entities based in Malaysia.”

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