Sun 04-06-2017 16:18 PM

Wasl launches Warsan project in preparation for Expo 2020

DUBAI, 4th June, 2017 (WAM) -- Wasl Asset Management Group has announced a new project in Warsan, launched as part of the company’s strategic preparations for Expo 2020 that aims to provide accommodation facilities for hospitality staff.

The Warsan project will comprise of 26 buildings in a resort-style lay out that will provide hospitality employees with 3,866 residential units spread over a built-up area of 2.6 million square feet.

Commenting on the launch, Hesham Al Qassim, CEO of Wasl Asset Management Group, said, "We have launched our Warsan project within the wider context of Expo 2020, which is fast approaching, and to fulfil our leadership’s vision of making Dubai the best city for living, working and visiting."

"Dubai is preparing itself to receive an estimated 25 million unique visitors by rejuvenating the city’s fabric and enhancing its hospitality offering, but we at Wasl are also striving to cater to hotel staff by providing them with ample accommodation. This is of vital importance for the success of Expo 2020, and we are pleased to be addressing this segment of the market," he added.

Infrastructure works are in progress and the project is due for completion in October 2020.

WAM/Nour