Launch of the Spectacular Simaisma Project: A New Era for Qatar’s Tourism and Development.

The launch of the visionary Simaisma Project, a groundbreaking initiative led by Qatar Ministry of Municipality and developed by Qatari Diar Real Estate Investment Company. This monumental project, endorsed by His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs, is set to redefine Qatar’s cultural and economic landscape.

A Grand Vision:

The Simaisma Project, spanning over 8 million square meters, will feature a stunning 7 km waterfront along Qatar’s eastern coastline. This ambitious development aims to become a new cultural landmark, blending luxury, sustainability, and innovation.

Diverse Investment Opportunities:

Investors and developers will find a wealth of opportunities within the Simaisma Project, including:

• Luxury Resorts: Spread across four distinct areas, offering world-class accommodations.
• Theme Park: A thrilling destination for families and tourists.
• Golf Course: An 18-hole, world-class facility designed for enthusiasts.
• Residential Villas: Exclusive living spaces with modern amenities.
• Yacht Club and Marina: Premier facilities for maritime activities.
• Restaurants and Shops: A variety of dining and retail options.

Sustainability at its Core:

The Simaisma Project is committed to sustainable development, incorporating:

• Eco-Friendly Construction: Utilizing locally recycled materials and sustainable building practices.
• Smart Systems: Implementing cutting-edge technologies to reduce unskilled labour and enhance efficiency.
• Innovative Technologies: Integrating the latest advancements to ensure a modern and sustainable environment.

Economic Boost and Job Creation:

With an investment volume of around QR20 billion, the project will significantly boost Qatar’s non-oil sector contributions, create new job opportunities, and attract foreign direct investment. This aligns with Qatar’s Third National Development Strategy 2024-2030, focusing on tourism, hospitality, and entertainment sectors.

Public and Private Sector Collaboration:

HE Abdullah bin Hamad bin Abdullah Al Attiyah, Minister of Municipality, emphasized the importance of public and private sector partnerships in achieving Qatar’s development goals. He stated, “We are steadily advancing towards realizing Qatar’s national vision 2030, building a more prosperous and stable future for coming generations across economic, social, and environmental domains.”

A New Chapter in Qatar’s Success Story:

Eng Ali bin Mohammed Al Ali, CEO of Qatari Diar Real Estate Investment Company, highlighted the meticulous planning and alignment with Qatar’s growth trajectory. “This project is poised to establish new benchmarks for tourism in the region and write a new, remarkable chapter in Qatar’s success story,” he said.

The Simaisma Project represents a significant milestone, empowering the private sector and enhancing Qatar’s global attractiveness. Join us in celebrating this monumental step towards a brighter, more prosperous Qatar!