NSCC to enable Dubai Lagoon for US $7.5mn

by ArabianBusiness.com staff writer Saturday, 13 September 2008

Schön Properties has awarded a US $7.5 million (AED27.5 million) contract to NSCC to carry out additional shoring and enabling works for zones two to eight of the Dubai Lagoon project.

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Mobilisation work is expected to start this week according to the developer, once all permits have been processed. It is expected to take around six months to be completed.
The work will include site preparation, shoring works, the excavation of 600,000m3 of sand and the construction of double basements in specified zones to allow for additional parking.

Work on Dubai Lagoon, which was launched in 2005 as an affordable housing development made up of 49 buildings, ground to a halt in May this year.

The developer had then blamed the delay on the soaring cost of cement and steel as well as the Dubai Roads and Transport Authority, which according to it, froze all developments in the area while it planned a new motorway through the park.



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