Arada awards first infra contract for Sharjah’s $6.5 billion megaproject
News: 25 August 2018
BIC Contracting wins AED103 million deal to construct infrastructure for Phase 1 of record-breaking Sharjah megaproject, with works to begin immediately
Arada has awarded the first infrastructure package, worth $28 million (AED103m), for its landmark Sharjah megaproject to BIC Contracting.
The total infrastructure package for the $6.8bn project, which has been designed by global engineering contractor Jacobs, will be worth more than $270m (AED1bn).
The scope of work includes the construction of power, water and communications networks, as well as landscaping and building roads.
BICC will mobilise on site immediately and the work will be completed by October 2019.
Phase 1 of Aljada consists of 14 apartment buildings, totalling 1,300 units, as well as more than 100 townhouses and semi-detached villas, and is scheduled to be completed by the end of next year.
Construction at Aljada is already in full swing, following the development’s official ground-breaking in April, with contractor MBCC on site and building the first four apartment blocks in the AED24 billion project.
BICC, formerly known as HLG Contracting, has worked on many of the Middle East’s most important projects, including the expansion of Dubai International Airport, Zayed University in Abu Dhabi and the Burj Al Arab.
Read the full article on Arabian Business.
