Sunday, February 3, 2013

Qatar Holding plans USD1.36bn Italian hotel project



DOHA: Qatar Holding plans to build four luxury hotels -- including a 150-room Harrods Hotel -- on Sardinia, an island in the Mediterranean Sea and an autonomous region of Italy.
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Arabian Business.com reported the massive €1bn ($1.36bn) development project includes an aquatic amusement park inside the Liscia Ruja reserve, a low-impact electric Go-Kart route within a former landfill at Abbiadori, expanding roads and water and sewer systems.
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The company will build four luxury hotels on Sardinia's Costa Smeralda, more than doubling tourism capacity to 900 beds, the business news portal reported, quoting news service ASNAmed.

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