Wednesday 8 July 2020

JIIC awards key Abu Dhabi infrastructure works contract

ABU DHABI, June 2, 2020

UAE-based Jubail Island Investment Company (JIIC) has awarded a deal worth over Dh200 million ($54.4 million) to Gulf Contractors Company (GCC) for carrying out infrastructure works at its Dh5 billion ($1.36 billion) Jubail Island project in Abu Dhabi. 
The works are part of the 18-month-long contract to complete the infrastructure required for the remaining residential villages within Phase One of the project – Nad Al Dhabi, Seef Al Jubail and Ain Al Maha.
An Dh80 million contract for infrastructure works for the initial village and central loop road was previously awarded and announced in December last year. 
With overall infrastructure works on Jubail Island cumulatively amounting to approximately Dh600 million, JIIC confirmed that works worth Dh400 million are already underway.
The scope of the GCC contract comprises the construction of over 47.5 km of internal roads in Nad Al Dhabi, Seef Al Jubail and Ain Al Maha villages. 
Infrastructure development, including electricity, water, sewage, irrigation, telecom and gas networks, as well as street lighting are within its ambit.
On the new contracts, JIIC Managing Director Mounir Haidar said: "|Following the commencement of construction for the initial infrastructure works in early 2020, we are delighted to confirm the start of  infrastructure works to complete the remaining Phase 1 villages on Jubail Island, thus demonstrating our dedicated commitment to on-time delivery of plots as early as Q3 2021."
A designated freehold investment zone in Abu Dhabi, the Jubail Island will comprise a mix of serviced plots, high-end and mid-range properties as well as retail, office park and F&B outlets.
The development will also feature spacious and well-appointed outdoor areas, including parks, walking tracks, kayaking stations and cycling routes for nature lovers and water sports enthusiasts.
"Jubail Island has been designed as, and is destined to become, a premier lifestyle community in Abu Dhabi; providing unparalleled quality of life for discriminating residents who enjoy peaceful residential seclusion within a stones throw from the vibrant capital," remarked Haidar. 
"Located within a 400-hectare, very low-density development, entwined within pristine natural environment, the community will also offer all of the amenities," he added.-TradeArabia News Service


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