Media ININ Economy We Trust
Media IN/SHARJAH/ 5th May, 2019 (WAM)
Today, Sharjah Investment and Development Authority (Shurooq) has announced the appointment of Yousef AlMutawa as the Chief Executive Officer (CEO) of the Sharjah Sustainable City project. AlMutawa is also Shurooq’s Director of Operations.
The project was launched in March by His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.
The Executive Chairman of Shurooq, said that the appointment of AlMutawa reflected the authority’s vision to invest in young leaders and support them to play a key role in driving the development of Sharjah and the UAE.
He added that AlMutawa’s expertise would be a valuable asset to the authority in developing the Sharjah Sustainability City and providing the best services to investors and potential buyers.
He pointed out that as per Shurooq’s expansion strategy to develop more tourism, real estate and commercial projects, there was a need for nurturing employee skills, creating more jobs and offering the younger generation opportunities to thrive in leadership roles.
In his speech AlMutawa said that taking a lead role in Shurooq is one of the key drivers of economic and investment growth in Sharjah with exceptional opportunity to take part in the development of the economic sector in the emirate, as well as enrich my career.
Sharjah Sustainable City is a AED2 billion mixed-use project. Being developed on a 7.2 million sqft plot, it will feature 1,120 villas, and offer up to 100 percent savings on electricity and water bills. The community will also build eight green houses with vertical farms.
Further, the city will boast a fully autonomous shuttle service, to achieve its ambition of creating an excellent city that supports sustainable community life in Sharjah. It will be the emirate’s first Net Zero Energy community in the emirate, poised to become a landmark in the global environmental movement.
