A local newspaper in Galveston, Texas, is attempting to confirm that a group from Nepal plans to invest $120 million to develop four condominium towers, 11 stories each, at 9902 Seawall Blvd near Galveston International Airport at Scholes Field, Texas. The newspaper writes: The group, Global Royal Investments, also is said to have projects in Dubai and Moscow. Word has it the group has Federal Aviation Administration clearance for the high-rise, which would be near Galveston International Airport at Scholes Field. There is little information on the company, except for a listing on LDN Nepal website. Could you confirm the news, Mr. Ratan K. Jha?|
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Jul 12, 2006
Royal High-Rise in Texas?
A local newspaper in Galveston, Texas, is attempting to confirm that a group from Nepal plans to invest $120 million to develop four condominium towers, 11 stories each, at 9902 Seawall Blvd near Galveston International Airport at Scholes Field, Texas. The newspaper writes: The group, Global Royal Investments, also is said to have projects in Dubai and Moscow. Word has it the group has Federal Aviation Administration clearance for the high-rise, which would be near Galveston International Airport at Scholes Field. There is little information on the company, except for a listing on LDN Nepal website. Could you confirm the news, Mr. Ratan K. Jha?
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