DAMAC Owner Hussain Sajwani Breaks Ground In China

Posted on October 10, 2018

DAMAC Owner Hussain Sajwani is the founder and Chairman of Dubai-based real estate development company. For most of the years since its inception, the company has played a part of the development of the city that is located in the United Arab Emirates (UAE). Hussain is responsible for the construction of thousands of residential and hotel units as well as the first golf course in Dubai.

The entrepreneurial spirit is something that comes naturally to the DAMAC owner. He started his company at a time when Dubai was only on the verge of becoming the diversified metropolis that it is today. Over the last few years, Hussain Sajwani has began to focus the company’s direction to Asia. DAMAC Properties has completed several luxury residential properties with plans for many more to come. Hussain Sajwani is particularly interested in China as a primary location for new real estate projects.

Hussain Sajwani is attracted by the region’s economic climate. He is optimistic about the mutually positive relationship that is emerging between China and the UAE. He has said that he has little interest in politics except for how political decisions can affect his real estate company. The DAMAC owner believes that, as China’s middle class grows, there will be areas of great opportunity for new development. Hussain anticipates that a strong amount of investor interest will be forthcoming in China.

The DAMAC owner (@hussainsajwani) is reportedly the 10th wealthiest Arab in the world. The company is one of the largest real estate developers in the UAE. Hussain Sajwani has even more plans for the company beyond Asia. His plans for DAMAC Properties include a future in other markets of the world. Hussain credits much of the company success to its employees. They contribute their ideas for the company, and the DAMAC owner welcomes and encourages their input. Hussain Sajwani looks forward to continued growth and success for his company.

Full article: https://www.albawaba.com/business/pr/damac-needy-children-518106

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