Sunday, April 20, 2008

Donald Trump was “impressed”

MANHATTAN real estate mogul, entrepreneur and TV celebrity Donald Trump was “impressed” by The Pearl-Qatar during his unofficial visit to the island last week. United Development Company, which develops and promotes The Pearl-Qatar said: “The New York-based famous property developer was impressed by both Qatar’s booming economy and its exciting investment opportunities.”

The QR55bn Pearl-Qatar is the largest real estate development in Qatar and one of the most lavishly designed in the world. Trump, president of the celebrated Trump Organisation, a massive US-based real estate empire which includes scores of New York City skyscrapers, as well as resort hotels in Miami and casinos in Atlantic City and Las Vegas, made an unofficial visit to the island, accompanied by his daughter and two sons.

Trump who wrote the best selling book The Art of the Deal and called ‘The Donald’ by the American media was warmly welcomed by UDC executives. Trump was all praise for the developers of The Pearl-Qatar for what he called “an absolutely spectacular project.” He sought details of the impressive project from UDC executives during an hour-long boat tour around the island.

Trump, who was voted by the editors of Business Week magazine as one of the top 10 most competitive businesspeople on the entire planet, has expressed keen interest in exploring opportunities still available on the island. Describing the quay walls along the shores of the island, Trump said: “They really did a good job here. It is a fantastic job.”

During his tour around The Oyster, the marketing centre for The Pearl-Qatar, Trump received an extensive presentation, which covered all aspects of the prestigious development, which will soon be home to over some 41,000 local and international residents.

Besides the residential facilities there will be three marinas, with over a 1,000 berths for private yachts, three five-star hotels, plus a host of international brand name retail outlets. “The island has increasingly been attracting investment interest from around the world.

This visit by Donald Trump is yet another example of the growing reputation worldwide of UDC and its flagship project, The Pearl-Qatar,” said general manager (sales) Salim Abdul-Rahim.

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