Nakheel awards four contracts worth Dh430m for Deira Islands
The developer has now invested almost Dh7.5 billion in infrastructure and construction contracts for Deira Islands with more to follow
Nakheel has awarded four contracts, collectively worth more than Dh430 million, for Deira Islands, its new 15.3 square kilometre waterfront city currently under construction in Dubai.
The contracts, covering islands A and B of the four-island development, are for a sewage treatment plant, a district cooling plant, a substation and piling work for an 800-room resort.
Nakheel has now invested almost Dh7.5 billion in infrastructure and construction contracts for Deira Islands so far, with more due to be awarded soon.
The latest contracts awards are Dh228.3m to VWS Emirates / Butec (Dubai Branch) under a joint venture for the design, construction and 10 years operation and maintenance of a sewage treatment plant, nearly Dh100m to Emirates District Cooling (Emicool) to build a district cooling plant for Nakheel’s Deira Islands Night Souk and nearby Nakheel buildings, with 10 years operation and maintenance, and Dh90.5m for a 132/11kV substation to AG Power, covering the south island (Island A).
Three other substations are already under construction. Deira Islands will have eight substations in total.
Deira Islands is set to transform Dubai’s Deira district into a tourism, retail and entertainment hub.
The waterfront city will add 40km, including 21km of beach, to Dubai’s coastline and pave the way for the development of many hotels, residences and attractions. Deira Islands is expected to have a population of 250,000 and to create 80,000 jobs.
In April, Nakheel awarded a construction contract worth Dh4.2bn for Deira Mall, the centrepiece of Deira Islands and Dubai’s biggest shopping mall in terms of retail space.
Deira Islands Night Souk, with more than 5,300 waterside shops and restaurants, is under construction and due to open in 2018.
* With Wam
Updated: August 9, 2017 04:21 PM