UAE based Modon Properties has awarded three major infrastructure contracts for the development of Phases Two and Five of Abu Dhabi based residential development Riyadh City South.
The projects are awarded to the National Projects and Construction, The Nael & Bin Harmal Hydroexport Establishment and Saif Bin Darwish Company.
The value of the contracts is AED 2.37 billion ($645 million).
The scope of works includes the construction of internal and external roads, lighting, potable water network, rainwater drainage systems, sewerage systems, fire-fighting systems, traffic control systems, irrigation networks, electricity grids and Pubic Realm.
Once the project completed, it will include more than 6,000 residential plots, a university, five schools, two nurseries, four health centres and mosques.
Riyadh City, located 30 km from the UAE capital, will also boast 61 commercial plots, three civil defence centres, five fuel stations, four government facilities plots and three social services centres.
It will have easy access to major urban and industrial venues across Abu Dhabi. The project is also close to a number of major landmarks and attractions in the capital city.
Modon Properties said it had begun preliminary works on the project in June last year, followed by the awarding of infrastructure works worth Dh1.53 billion for Phase One of the project in September. (read more)
The contracts for Phases Three and Four would likely be inked during the second half.
The Abu Dhabi developer said with all the key phases awarded, it was aiming to complete the entire infrastructure work for Riyadh City South by the end of 2023.
***
In order to receive email notifications regarding our updates, please subscribe us.
1 Trackback / Pingback
Comments are closed.