Project

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Related to Housing projects: public housing

Project

The asset constructed with or owned via a project financing, which is expected to produce cash flow at a debt-service coverage ratio sufficient to repay the project financing.

Project

Any series of tasks or activities intended to accomplish a goal, which is ultimately to make a profit. For example, a construction company may have a project to build a house. This project involves laying in the foundation, setting up the frame, installing insulation, and so forth. A company may receive a lump sum payment at the completion of the project, or it may receive progress payments as different benchmarks on the way to completion are met. See also: Project finance.
References in periodicals archive ?
23 (BNA): Housing Minister Bassim bin Yaqoub Al Hammer said the "Southern" Housing Project currently being implemented by the Ministry in the Southern Governorate includes 1560 residential units.
HRH the Crown Prince yesterday laid the foundation stone of the East Sitra housing project.
He also directed to finalize the map of Kurri Road Housing Project along with cost and present it before the Board meeting, which has been submitted now.
It signed on the Central Bank's initiative in August and recently signed an agreement with the Egyptian Mortgage Finance Fund to finance low-income housing projects.
These award-winning, futuristic housing projects are also designed with low cost comfort in mind.
The SR 1 billion contract is for the first phase of the Mutrafiah Housing Project at Jubail Industrial City, which includes the construction of 800 villas, the first of which will be available for occupancy in late 2014.
These are: housing projects in Makkah City, as well as in Khulais, Al Kamil and Rabigh, Makkah Region, in addition to housing projects in Shaqra, Derma and Al Ainiyah in Riyadh Region, Beesha housing project in Assir Region and Sharourah housing project in Najran Region.
DOHA THE Barwa Real Estate Company has joined hands with the Ministry of Awqaf and Islamic Affairs to invite noted Islamic clergymen to speak at all Barwa housing projects during the Holy Month of Ramadan.
Secretary Ministry of Housing and Works and MD PHA also spoke on the occasion and briefed about undergoing housing projects in various parts of the country.
Aboriginal families in Saskatoon will have more options for housing, after the recent launch of two new housing projects to help those of low and moderate income.
Just over 400 new homes a year are becoming available against a target of 700 between 2004 and 2011 and officials say there is an urgent need to bring forward new sites for housing projects.
Summary: The implementation of housing projects and facilities contracted to implement the (4560) projects for different shabiat.

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