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QIA and Sudan

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Qatari Diar Real Estate Investment Company, owned by the QIA, are building a cement factory and various commercial and residential properties in Sudan. The cement factory was announced on January 15, 2008 and is expected to be finish sometime in 2009. This is in addition to a ongoing construction of a 206,500 sq m major tourist and residential complex on the banks of the Blue Nile in Khartoum called Mushaireb. The complex will include a business and commercial area, a five-star hotel, green areas, sports facilities and children playgrounds.

Total investments is expected to be around $600 million.

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