Aldar Properties, the leading integrated property development company said it was on schedule for completion of phase 1 infrastructure work on its multi-faceted entertainment destination, Yas Island. 

Key milestones have been achieved on the multi-billion dollar project, with over 30 per cent of the infrastructure of phase 1 complete, with the remaining scheduled for completion well before the 2009 Formula One Etihad Airways Abu Dhabi Grand Prix.
 
Commenting on the progress, Aldar CEO Ronald Stephen Barrott said the exceptional performance and the ongoing achievements by the Yas Island development team highlight the dedication and commitment that Aldar puts into its projects.

"Yas Island is set to become a world famous tourist attraction for Abu Dhabi, and it will contribute to the tourism industry of the UAE," he noted

Aldar is currently in the process of deepening the canal leading to Yas Island to allow super yachts to anchor in the Royal Yas Marina, providing excellent views for the audience to the Yas Marina Circuit.

The Royal Yas Marina wall and excavation is currently 90 per cent complete, he added.

"The Yas Marina Circuit is progressing very well. The pit building and the four grandstands for the Abu Dhabi Grand Prix’s spectators will be completed by mid-2009, with concrete works for the top floor levels nearing completion and installation of mechanical, electrical and plumbing infrastructure now underway," said Barrott.

Grading and shaping works in preparation for construction of the pavement for the race track itself are well progressed.. 

Yas Mall and parking structure piling works are also progressing on schedule. The highways and bridges are well advanced and will be complete for race day.-TradeArabia News Service