Al Mazaya Holding has appointed Simplex Infrastructures and Model Engineering Contracting as the main contractor for the construction of 1,031 units on its Queue Point project in Dubailand.
Simplex Infrastructures will build 838 residential units, the contract for which is worth US $87 million (AED319 million), while the contract with Model Engineering Contracting is worth around $20.3 million and covers 193 residential units.
“We have chosen Simplex Infrastructures Limited and Model Engineering Contracting for the professionalism they are known for, and are confident that they will be able to assist in realising our vision through execution of this project to the very highest standards,” said Khalid Esbaitah, CEO, Al Mazaya.
Delivery of completed units is set to begin in 2008, with the project expected to be fully completed by the end of 2009.
The overall value of the Queue Point project is $544 million.
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