Qatar investors launched Tajikistan luxury real estate project for $150 million

Qatari Diar, an investment unit of Qatar's sovereign wealth fund Qatar Investment Authority (QIA), has launched a luxury real estate project in Tajikistan worth at least $150million.

The Dushanbe Diar real estate project in the Tajik capital Dushanbe will include residential towers, a 5-star hotel property, shopping malls, conference centers and gardens when finished in 2012 at a cost of between $150 and $180 million. (Read more here and here or download our directory of investors in the Middle East for similar investment firms like Qatari Diar.)