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UAE's Rasiyat plans to build shopping, recreational complex in Bosnia's Zenica

UAE's Rasiyat plans to build shopping, recreational complex in Bosnia's Zenica UAE Rasiyat Zenica meeting Source: Zenica.ba

SARAJEVO (Bosnia and Herzegovina), November 18 (SeeNews) - United Arab Emirates-based company Rasiyat plans to build a shopping mall and a recreational complex in Bosnia's Zenica, the municipal government said.

"We believe that the strategic location and its potential are huge. [...] We are doing some planning and researching for the project which will create a whole wave of new jobs in Zenica and Bosnia and Herzegovina," the Zenica municipal government quoted Rasiyat CEO Muhammad A. Al-Yamani as saying on Friday. 

Three months ago, Rasiyat signed a memorandum of understanding (MoU) with the town of Zenica, some 70 km northwest of Sarajevo, regarding the conditions for the implementation of the project. 

"Mr. Al-Yamani is sure that this project will trigger return of our citizens who moved abroad to seek jobs", Zenica mayor Fuad Kasumovic said. 

Zenica has a population of some 100,000.

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