Ihlas Holding to conduct advertising, marketing and sales activities of Khazar Islands project - PHOTOSESSION

Ihlas Holding to conduct advertising, marketing and sales activities of Khazar Islands project   - <span style="color: red;">PHOTOSESSION
# 10 December 2012 07:34 (UTC +04:00)

Vice President of Ihlas Holding Hasan Alsanjak, who is on a visit to Baku, said that firstly Khazar Islands project seemed them as a dream. But after viewing total projection, they believed in reality of this project: ‘It is one the hugest and fantastic projects we have ever seen. We believe that Khazar Islands will be successful’.

Alsanjak noted that according to the initial agreement, Ihlas Holding would be engaged in advertising, marketing, construction and sale of Khazar Islands. He also did not excluded that the Holding could invest in the project.

In turn, President of Avesta concern Ibrahim Nehramli expressed despite the initial agreement, the sides would soon sign a relevant document in this regard: ‘I appreciate the cooperation with Ihlas Holding, which comprises above 100 companies, as well as Turkish TGRT TV channel’.

Remind that, foreign investors and companies are attracted to Khazar Islands project by the European Economic Chamber of Trade, Commerce and Industry.

About $1.2 bn has been invested in Khazar Islands project, so far. 300 ha area has already been filled in the sea. At present, 12 buildings are under construction. Construction has already been reached to 10th floor. The construction of the buildings will be completed at the end of 2013, but residence will begin in 2014.

In parallel, city infrastructure is also being constructed. Renovation of coastlines of islands, created within the framework of the project, and construction of new boulevards are underway. 4 km-boulevard has been built, so far. In general, it is planned to construct 20 km-boulevard and 20 bridges.

The construction of one bridge is already approaches to end: span of bridge with 274 m-length is 76 m, which is the biggest indicator in the republic. The construction is implemented by French company.

Besides, communication and infrastructure projects are being implemented in the town. Two large parks (5 hectares for each) will be constructed at the entrance of the town. One of the parks will include 3 stadiums and other sport facilities, another – children’s entertainment facilities.

Construction of first from 8 underground passages started, 7 km-road is being asphalted.

At the same time, 10 restaurants must be built. Opening of first objects is planned to be held in May. Along with this, 1,000-person beach will operate. The beach will be created in the middle of the sea, in the distance of 2.5 km from shoreline. Executive Power of Khazar Islands will be opened in May.