News Archive

NREC Invests in a New Project in Collaboration with the Government of Djibouti

26 - December - 2011

In complement to its efforts, NREC has invested in a new low-cost housing project in Djibouti called PK12, which is the result of the cooperation and investment understanding with the government of Djibouti. PK12 is considered to be one of the most promising projects in the Horn of Africa, especially from a marketing perspective due to the design nature of the residential units and the pricing which accommodate the needs of the citizens of Djibouti.

This project encompasses various uses and activities, including various types of housing units, public service areas, commercial areas, green landscapes and services related to the entire infrastructure of the project.

All preparatory work related to starting the construction and development works of the project’s land has been completed, with the project’s commencement expected to start in the first quarter of 2012. The estimated completion period of the projects is three years.

For more information, kindly call the following number +1804404 Ext. 810.