July 8, 2021
Ramallah: Union Construction and Investment Company (UCI) celebrates the 10th anniversary of the launch of its TABO project in Palestine. TABO revolutionized the real estate market in the West Bank since its launch in 2011, being the pioneer in expanding the scope of land ownership for Palestinians living in their homeland and the diaspora, by properly registering land and issuing title deeds thus protecting land and maintaining Palestinian presence on their land which continues to suffer the threat of confiscation for Israeli settlement expansion.
TABO is the first, and for some time the sole, developer of Palestinian rural land, providing infrastructural development in opening and paving roads, building model homes and landscaping projects, in addition to extending electricity to these projects to become new and developed residential communities.
Celebrating this milestone, UCI announced the release of new masterplans in Mazraa, Farkha, Turmus Ayya, Kufur Ein, Kobar, Qarawa, in addition to other unique locations to be announced soon. All master plans are offered at an exclusive 10% discount to mark this great occasion. The masterplans are uniquely located in the magnificent Palestinian mountains in quiet and green rural areas, while also having the advantage of being in close proximity to the city of Ramallah. UCI also continues to offer its exclusive programs which include direct financing, affordable monthly payments, high end infrastructural development and extending electricity to each and every plot.
Eng. Khaled Sabawi, UCI’s CEO and Vice Chairman, comments: “I take this wonderful opportunity to announce the remarkable results that TABO has achieved since its inception, most importantly providing opportunity for 540 Palestinian families to own over 800 plots of land in their homeland, and achieving incredible investment results with an annual investment return of up to 10.5%. We are very proud of all the achievements we have accomplished in the first decade of launching TABO despite the challenges and obstacles we faced and steadily overcame. I would like to thank our valued customers for their continued faith in the company’s mission and their confidence in its management and projects’’.
Among other unique valuable features offered by TABO over the years is the extension of electricity infrastructure to all masterplans, in addition to providing over 27,000 meters of paved roads. Planning and designing of all masterplans are done with the precision and care of a highly experienced engineering and technical teams to include road access to each plot, public and green areas within 30% of the total master plan area. The project is also specialized in providing small plots of land of which each area is about 1,000 square meters (1 dunum), which is ideally convenient for housing, construction and investment purposes at affordable prices.
“TABO symbolizes a par excellence national and ethical project through which the registration and issuance of title deeds for more than 800 plots of land in Palestine was made possible, in addition to protecting more than 1,000,000 square meters of Palestinian lands from illegal confiscation and settlement expansion, at a time when the occupation takes a legal pretext for land confiscation from old Ottoman laws allow the ruling government to confiscate unregistered lands, which unfortunately constitute 70% of the West Bank lands.” Mr. Sabawi concluded.