Money and business

Nakheel awards a contract worth 527 million dirhams to implement infrastructure works for Island B within the Dubai Islands

Nakheel, a subsidiary of Dubai Holding Properties, announced the award of a contract worth 527 million dirhams to Al Nasr Contracting Company to implement infrastructure and basic facilities work on the island.B“On the Dubai Islands, which contributes to accelerating the implementation of the emirate’s main coastal expansion project.

“These works will establish the essential infrastructure needed to launch residential, hospitality and mixed-use development projects on the island.”B“The scope of work includes roads and sidewalks, drinking water, electricity and communications networks, sewage systems, and integration with the central cooling station network, in addition to technical coordination with the island.”A“The infrastructure works include facility systems that are flexible and ready to keep pace with future requirements in support of long-term sustainable growth within the master plan.

The contract award represents an important milestone in the construction plan within the Dubai Islands Development Project, and confirms the continued investment of capital in long-term strategic urban expansion in line with the Dubai Urban Plan 2040.

On this occasion, Khalid Al Malik, CEO of Dubai Holding Properties, said: “The award of this contract reflects the disciplined and thoughtful implementation of one of Dubai’s most important coastal master plans. Providing infrastructure represents the basis for creating long-term value, and this achievement demonstrates steady progress in transforming Dubai’s islands into an integrated destination that supports population growth, tourism expansion, and economic diversification.”

The Dubai Islands extend over an area of ​​18.6 square kilometers distributed over five connected islands, and will add to the emirate a coastline approximately 57 kilometers long, including 21 kilometers of beaches. The project is designed to accommodate more than 231,000 residents living in 49,000 residential units, including villas, luxury homes and apartments, in addition to a variety of resorts, marinas, shopping stores and entertainment facilities.

“island formation”B“An essential element of the Dubai Islands master plan, which requires comprehensive enabling works to facilitate future vertical construction and integrated utility networks.

For his part, CEO of Al-Nasr Contracting LLC, Jean-Nicolas Al-Helou, said: “We are keen to provide high-quality infrastructure for this project, which will contribute to supporting Dubai’s ambitious growth agenda. Our cooperation with Nakheel will ensure the island’s access toB‘On solid engineering works and sustainable implementation standards.’

Dubai Islands will be directly connected to the mainland via three strategic bridges connected to the Shindagha Corridor, making Dubai International Airport 10 kilometers away and Downtown Dubai 15 kilometers away, enhancing ease of access and urban connectivity for the emirate as a whole.

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