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.
-
Banking & Finance3 weeks agoOman Oil Marketing Company Concludes Its Annual Health, Safety, Environment, and Quality Week, Reaffirming People and Safety as a Top Priority
-
Economy2 months agoMaal Card: What Oman’s New National Payment Card Means for Everyday Users
-
News2 months agoSheikh Suhail Bahwan, Chairman of Suhail Bahwan Group, Passes Away
-
News1 month agoOIG Appoints New CEO to Lead Its Next Chapter of Excellence
-
News1 month agoReport: How India & The Middle East Are Exploiting Immense Economic Synergies
-
Economy2 months agoOman Unveils Official Omani Rial Symbol in Landmark Move to Boost Global Currency Presence
-
Uncategorized1 month agoOman’s ISWK Cambridge Learners Achieve ‘Top in the World’ and National Honours in June 2025 Cambridge Series
-
Trade2 months agoConsulate Office of the Republic of South Africa opens in Muscat, enhancing bilateral relations
