Saturday, January 27, 2007

DWC awards construction deals of Dh.1.5b to Kuwait Conglomerate

Two construction deals for the $33-billion logistics and aviation project in Jebel Ali, has been awarded to a Kuwait group, MA Kharafi & Sons, by DWC (Dubai World Central).

The Kuwait-based group, MA Kharafi &Sons, have been handed over the task of constructing the Dh1.5b Headquarters and office park of the DLC (Dubai Logistics City) which is scheduled for completion by March 2009.

The second construction contract was awarded to National Company, which is also
a part of Kharafi group which involves construction of two utility complexes so
that the district cooling requirements for facilities of DWC’s first phase could
be met.
DLC has sixteen air cargo terminals with a capacity to handle air cargo of about twelve million tones, and covers an area of 25 Sq kms. The total area covered by DWC is 140 Sq kms, developed by DCA (Department of Civil Aviation in Dubai). With a capacity to handle about 120 million passengers, the DWC is likely to be the world’s largest Airport.

Shaikh Ahmad Bin Saeed al Maktoum, the Chairman of DWC, who is also the President of DCA and the Chief Executive of Emirates Group, mentioned that the great aviation city which is centered on the DWC International Airport will actually place Dubai in top-most positions for tourism, commerce and regional logistics.

A couple of other projects are also under negotiations which include construction of a passenger terminal building contract, which is likely to handle a few million passengers every year and scheduled for completion by the year end.

Another six runways are being planned. The work is likely to reach its peak during end of 2009 and initial part of 2010 involving about 20,000 on-site workers.

DWC expects a population of 900,000 on completion.

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