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Fri 30 Sep 2016 10:48 AM

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Abu Dhabi approves $190m plan to develop traditional market

Executive Committee of Abu Dhabi's Executive Council back link-up with private sector contractors for project

Abu Dhabi approves $190m plan to develop traditional market

The Executive Committee of Abu Dhabi's Executive Council has approved plans to develop a traditional market valued at AED700 million including infrastructure work. 

The project is located at Khor Al Maqta near the Mussafah Bridge, and its architecture will be inspired by Emirati heritage, a statement said.

The market, which will be linked to a new tunnel, extends over 248,000 sq m and 30 percent of its space will be used for cultural activities, the statement added withoout giving further details. 

The project to develop the traditional market was approved based on a Musataha agreement concluded with the private sector. It forms part of the approach adopted by the Abu Dhabi Government to develop partnerships with the private sector, which it considers to be a vital sector and a key partner in the emirate's continuous development. 

The Committee also approved awarding maintenance work, restoration work, and additions to internal roads in Khalifa City, Shakhbut City, Al Raha Beach and Al Falah to contractors.

The project is valued at AED27 million and includes regular maintenance work for roads, traffic signs, pavements, asphalt, etc. It seeks to reduce faults and maintain the quality of roads and their infrastructure in the area.

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