China Harbour Engineering has won a US $54 million (AED 201 million) contract from Reem Developers to build marinas and a canal for Najmat Abu Dhabi on Reem Island.
The company fended off competition from 10 local and international companies for the job.
The contract forms a significant component of the overall project infrastructure development outlay and will involve the construction of three marinas and a grand canal as well as reclamation works.
The design work for the project was carried out by Halcrow International in association with Hyder Consulting.
China Harbour Engineering has a track record in developing harbours and marinas in Hong Kong, China, the UAE and other parts of Asia and Africa.
"The tender for the development of the three marinas evoked huge response from global firms, which is a significant reflection of the interest generated by the project as well as the enthusiasm to participate in the dynamic real estate developments of Abu Dhabi, which is quickly becoming one of the leading destinations for real estate investments and Najmat Abu Dhabi is one of the salient projects that is leading this interest," said Abdulhamid Saeed, managing director, Reem Investments.
Reem Developers' general manager Manish Joshi added: "Our selection of China Harbour Engineering follows a strict and assiduous round of scrutiny of the bids against global benchmarks. We were convinced that China Harbour Engineering, with its global and regional expertise, is the ideal partner to develop the three marinas and a grand canal, which are integral to the Najmat Abu Dhabi development.
"Najmat Abu Dhabi marine works have been designed by Halcrow International along with Hyder Consulting. The marine modelling and hydrodynamic study for Najmat Abu Dhabi, conducted by Halcrow, is considered as one of the most successful models of its kind."For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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