MINSK, 7 June (BelTA) - The construction of the Northern Waterfront complex in Minsk is going according to the plan. The construction of an exhibition center, a residential quarter and a park landscaping near the Tsnyanskoe Reservoir will begin in the near future, Mohamed Ali Alabbar, Managing Director of the Emirati company Emaar Properties, told the media after his meeting with Belarusian President Aleksandr Lukashenko in Minsk on 7 June, BelTA has learned.
“As for my project in Minsk, you will soon see the construction of the exhibition center (groundwork is almost complete, the territory is fenced off). We are planning to launch the construction of a residential quarter next to it in three months. By request of the Belarusian president we will design a public park near the Tsnyanskoye Reservoir,” Mohamed Ali Alabbar said. According to him, the Northern Waterfront designing works are in full swing. “I am very optimistic. Everything is developing according to the plan,” he said.
In his words, the project that will be built in Minsk has never been built anywhere in Europe: “All our experience and knowledge accumulated over 30 years will be put into this project. It is going to be the best both in Belarus and Europe in terms of quality and service.” The price will be affordable for the Belarusian market, the investor added.
Speaking about whether the coronavirus pandemic or the current situation in Europe has influenced the investor's plans for implementation of projects, including those in Belarus, he mentioned the words of his father, who wisely compared the course of life to the changing seasons in nature or the time of day. “Our projects are long-term, they last seven to 12 years. In life, as in nature, there is summer and winter, day and night. Coronavirus or something else - life must go on, no matter what. Everything will pass, the political crises in the world will pass. One has to be very serious about building a business and its structure so that one or two years of perturbations could not affect the implementation of any project,” he said.
Mohamed Ali Alabbar admitted that he really likes Belarus and intends to come here not only as a foreign guest. “There are very good, kind, and intelligent people in Belarus, starting from the president and up to ordinary passers-by on the street. Specialists are really highly qualified here. I travel a lot around the world, but Minsk, of course, surprises with its cleanliness. Yesterday I took a long walk in the city late at night and enjoyed the air, the cleanliness, the scenery and, most importantly, the safety. In the West, you worry about your wristwatch, but in Belarus you feel comfortable outdoors at midnight,” the investor shared his impressions.
In Minsk he will soon start building his own house: “I prefer the classic style in general. In Minsk, however, I decided to build a house in the ultra-modern style. Perhaps I want to do it to feel younger.”
