Koreans and Saudi experts to create future commercial town in eastern Algeria

A group of South Korean and Saudi experts paid a visit to the province of Eulma ( eastern Algeria) to discuss a giant project concerning the building of the commercial town there by major international companies that had previously erected mega projects in Asian countries.

• Considered as the first of its kind in Algeria, the project has reached an advanced phase after the creation of a Gulf- like specialized company by the town’s operators known as the world Investment Company that triggered the procedures to fulfil the operation.
• In this respect, several delegates from a famous South Korean management desk “Kon Wan” along with the Saudi “Sanasco” led by the prince Tallal conferred the day before yesterday with the governor of the province of Setif ( eastern Algeria) to discuss the feasibility of the project.
• The project is a faithful copy of the Asian towns including non stop activities areas also known as sleepless towns. In addition to its aesthetic value, the project is expected to create at least 4.000 jobs.
• According to the experts’ presentation, the project comprises two giant towers of 19 floors each in addition to business pools, banks, hotels, conference halls, a mosque, 822 shops and several parking lots.