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Ajyad project to be named after King Abdul Aziz
18th March 2001

   
  The endowment project to be constructed at the site of a historic fort in Makkah will be named after King Abdul Aziz. Custodian of the Two Holy Mosques King Fahd yesterday issued an order to this effect, said Saleh Al-Sheikh, minister of Islamic affairs, endowments, call and guidance.

  He said the site of Ajyad Fort, covering an area of more than 23,000 square meters close to the Grand Mosque, would be developed as an endowment property. It will be named as "King Abdul Aziz Endowment for Makkah Haram." Proceeds from the project will be used for the upkeep and development of the mosque.

  The Ministry of Islamic Affairs, Endowments, Call and Guidance is planning to construct 11 residential towers, consisting of 942 units, a five-star hotel with 1,220 rooms in the area after dismantling the fort.

  Al-Sheikh said the endowment would be named after King Abdul Aziz to commemorate the late king’s efforts in the service of the pilgrims. He said King Abdul Aziz had given utmost importance to the development of the two holy mosques and the ritual sites, despite the economic hardship in his days.

  The new endowment project will cover an area of 297,000 square meters. The residential towers will have 17 to 32 floors containing 942 flats of varying sizes. The project will also include a two-story shopping center and parking space for 1,600 cars. Real estate sources said the project could be completed within four years.

Source: Arab News

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18 March 2001 04:10:31 PM

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