How did the Empire World project begin and what were the initial goals for the complex?
I was born in this country and have a deep desire for a prosperous Kurdistan. I see Empire World as a way to contribute to that goal by developing the area and creating employment opportunities. Empire World is a unique community for Erbil, stimulating growth and economic stability.
Every phase of the project was started as per the market demand and requirement. We knew there was a huge gap in the housing market for a long time and due to the stable political and security environment, it was the right time to make the investment.
What was the process like when you were looking for an area on which to build?
The plot of land that Empire World sits on was, from the very beginning, ideal for me. Many people didn’t have faith that Empire World would be such a success. I was fortunate enough to be able to see the big picture and envision my goals and the future. We are located in a prime location – close to the airport and 100m Road as well as the largest green park in Erbil. It is an ideal location for living and working.
What do you believe Empire World will offer both the people of Kurdistan and foreign clientele?
Empire World is unique in terms of the size, quality, design, and diversity of the project. The entire project spans a land area of 750,000m2 with a total construction area of 1,250,000m2. Empire’s multi-faceted and mixed-use approach to land utilization for residential, leisure and entertainment, service facilities, and office/commercial space affords the Project the distinguishing characteristic of a city within a city. We offer state-of-the-art business facilities and a residence for the most demanding and important foreign companies operating in Kurdistan. Many oil and gas companies have already secured their places in Empire World and more companies are following suit.
The Empire World project will be concluded by 2017. We offer state-of-the-art business facilities and a residence for the most demanding and important foreign companies operating in Kurdistan. Many oil and gas companies have already secured their places in Empire World and more companies are following suit.
The expected completion date for Empire World is 2017. Is construction proceeding as planned and do you expect the facility to be completed by 2017?
We started this project in 2007 and have every expectation that the project will be completed by 2017, maybe even before. The project costs a total of $2.3 billion and we are already more than 70% finished. With 1,200 plus employees from both local and foreign nationalities, we are able to provide the best products and services to our development.
Royal City, which consists of 300 luxury villas, was completely sold out by 2009. Was is difficult to find buyers at such an early date or were the villas in demand immediately?
We have been fortunate with all of our developments in Empire World - including the Villas and Royal City Apartments. We sold out immediately. The property value of both the villas and the apartments has more than tripled over the years and we have been very well-off in that with every new development we start, people are reserving and purchasing right away. The lifestyle opportunities, along with our location, make an exceptional property for both investment and livelihood.
How do you plan for the Erbil Speed Center to keep pace with the changing landscape of Erbil?
The Speed Center is already well known for its kart racing track and restaurant. In addition to both of these services, we will be adding Cinema halls, spas, gyms, and swimming pools for both men and women as well as barbershops, beauty salons, boutiques, and shopping centers.