Walid Al-Sayegh inspects the works of the second phase in the…His Excellency Walid Al Sayegh, CEO of Sharjah Asset Management Company, visited the Souq Al Haraj construction site, to follow up on the progress of the second phase of the market, which is characterized by qualitative additions and distinctive specifications, and a new concept for the market and exhibitions.Sharjah 24: His Excellency Walid Al Sayegh, CEO of Sharjah Asset Management Company, visited the site of the Souq Al Haraj construction site, to follow up on the progress of the second phase of the market, which is characterized by qualitative additions and distinctive specifications, and a new concept for the market and exhibitions, for the benefit of traders, exhibition owners and customers. His Excellency Mohammed bin Issa accompanied him on the tour , Executive Director of the Asset Management Sector, and a group of managers and administrators in the company. His Excellency visited the market located in the red patch, and in its second phase, the market includes 121 exhibitions, and the market always witnesses a continuous and active buying movement, and receives a lively and remarkable turnout from the public in general, and such a vital movement necessarily requires work on development in the place, services, mechanisms, procedures and stages, in order to meet To the needs of everyone, visitors, customers, dealers and employees, the market is one of the most important global platforms for the car trade, and it is classified as one of the largest in the world; It is distinguished by its advanced infrastructure. The second phase is expected to be delivered by the second quarter of next year. Engineer Shahd Bin Khadem, Project Manager at Souq Al-Haraj, confirmed that the CEO of Sharjah Asset Management Company visited Al-Haraj market to measure the progress of the work of the second phase of the market. Engineer Shahd Bin Khadim said: “The market is characterized by a vital strategic location, and is considered the most prominent destination for dealers, shoppers and car enthusiasts of various models and formations. Adequate car parks, pointing out that Sharjah Asset Management Company invests, in accordance with its agenda and strategy, in various infrastructure projects to provide luxury and support the economy in the emirate. The second phase The second phase of Souk Al-Haraj comes as a continuation of the first phase with the addition of quality and distinctive and remarkable development processes, and it is an extension of the first development phase that was completed and operated successfully, efficiently and efficiently, and thus the presence of exhibitions in the residential areas (Abu Shagara and Budaniq) was eliminated, and the move to the vital red area And the occasion. The land area allocated for the second phase is approximately 169,600 square meters, and the built area is approximately 6,149 square metres. The number of exhibitions in the second phase is 121 showrooms with distinctive specifications. The development of the second phase in this area complements the limited number of car showrooms, increasing the retail value, which in turn will define the entire Souq Al-Haraj area to be one of the most desirable destinations for buying and selling used cars, not only within the Emirate of Sharjah but throughout the UAE United, which supports the long-term strategy of the Emirate of Sharjah, whereby continuous development plans and the establishment of a stable investment portfolio that generates stable revenues.