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Sat 23 Feb 2008 04:00 AM

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Darwish applauded for SIC project

Real estate developer, Snasco, has commended infrastructure works company Darwish Engineering Emirates for its good productivity.

Real estate developer, Snasco, has commended infrastructure works company Darwish Engineering Emirates for its good productivity.

In October 2007, Snasco awarded a US $136 million (AED500 million) contract for the infrastructural phase of the Sharjah Investment Centre (SIC) project, following an intensive bidding battle among several of the region's leading contracting companies.

Dr Omar Al Mushaabi, general manager, Snasco and managing director, SIC, said that the construction of the project's infrastructure was progressing smoothly and that the firm anticipated the completion of this phase on schedule.

We are pleased with the progress that has been made, and are confident that the remainder of the project will run just as smoothly and efficiently.

Sharjah Investment Centre is a multi-purpose project of over 3 million m2 that will provide industrial, commercial and residential clusters, as well as a wide range of logistical and investment services.

"We are most pleased with the way that this project is coming together, not only in terms of what its successful completion might mean for the future of our business, but for what it means to the overall development of Sharjah," added Al Mushaabi.

The SIC project is of importance to Sharjah, as the industrial hub of the UAE, accounting for 49% of the country's industrial development. The SIC will provide a platform for the emergence of unlimited opportunitiesin Sharjah.

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