Sorouh's alghadeer
project moves forward
Infrastructure contract
awarded
1 March 2010, Abu
Dhabi: Sorouh Real Estate PJSC, one of Abu Dhabi's
leading real estate developers, today announces that the main infrastructure
contract has been awarded for alghadeer, moving the development into
its next phase towards scheduled completion in 2012.
alghadeer is a mixed-use
community located between Abu Dhabi and Dubai, and forms part of Seih
Sdeirah, the largest development with investment zone status in the
UAE.
The contract has been
awarded to Nael & Bin Harmal Hydroexport Est (NBHH), which has already
commenced work on site. NBHH is one of the UAE's most successful contractors,
and is consistently ranked as a top contractor by the Abu Dhabi Municipality.
Founded 15 years ago, NBHH is today the partner of choice for many developers
for its quality of work and commitment to completing projects on budget
and on time.
Sorouh's tender process
for the infrastructure contracts was launched in December 2009. Work
will now commence on approximately 10km of roads and all associated
utility networks including power, water, wastewater, irrigation, surface
water drainage, telecommunications, gas and street lighting. In total,
the infrastructure contract is valued at approximately AED 215m.
Gurjit Singh, Chief Operating
Officer said;
"This is an important
milestone for alghadeer. The selected contractor is one of the very
best in its field and we are confident that NBHH will deliver to the
highest standards. alghadeer is one of Sorouh's major strategic developments,
offering a modern, relaxed lifestyle with all the convenience of city
life, and a location that is ideally positioned at the crossroads of
the nation, between Abu Dhabi and Dubai."
The infrastructure contract
award follows the completion of advanced enabling works, comprising
mainly earthworks across the site. Sorouh's site office and compound
area are complete and nine mock-up villas have also been finished to
test sustainable building techniques.
In 2009, alghadeer undertook
a successful customer initiative designed to ensure long-term value
creation for customers. The initiative comprised reduced selling prices,
revised built-up areas and re-scheduled payment plans. This industry-leading
initiative reflected Sorouh's strategy of responding to customers'
changing needs.
Leave a comment