Highlights
Arada awards AED102 million contract to implement Phase 2 of Aljada project

(WAM) — Arada has announced the latest in a series of construction contracts at Aljada, the AED24 billion mixed-use community in the heart of New Sharjah. The developer awarded the AED102 million contract to build Phase 2 infrastructure works to support a number of different communities within Aljada to Al Marwan General Contracting Company.
The scope of work for the contract covers the provision of all infrastructure, including the construction of power, water and communications networks, as well as landscape and road construction, for East Village, the student housing community Nest, the SABIS International School – Aljada, and the fourth phase of Aljada, which is due to launch for sales later this year.
Construction will start immediately and is due to be completed in September 2021.
“We are continuing to focus heavily on our construction efforts in the second half of this year; in 2020 as a whole, we expect to award contracts worth more than AED1 billion in value,” Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada, said.
In recent weeks, Arada has awarded a AED423 million contract to build East Village, the second residential phase of Aljada, to Best Building Contracting Company, as well signing off a separate agreement with Al Zamalek General Contracting to construct the SABIS International School – Aljada.
The developer is also planning to award the contract to build the Nest student housing complex, the third phase of Aljada, before the end of 2020.
-
News2 months ago
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
-
OER Magazines1 month ago
OER, April 25
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, April 25
-
Renewables3 weeks ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Banking & Finance2 months ago
Bank Nizwa Signs MoU with Ministry of Endowments and Religious Affairs to Enhance Endowment Management & Islamic Finance Frameworks
-
News2 months ago
Oman Signs Historic Agreement to Establish World’s First Liquid Hydrogen Corridor to Europe
-
Banking & Finance1 month ago
How Bank Muscat is Pioneering Digital Solutions to Empower Customers
-
Renewables1 month ago
Sembcorp’s 588MW Solar Power Plant In Oman Begins Commercial Operation