Wednesday, June 13, 2007

TME wins Mina Al Fajer Resort construction contract

A Malaysian Contractor, Tidalmarine Engineering (TME), has been awarded the Dh.600 million contract of constructing the Mina Al Fajer Resort in Fujairah, by the Mina Al Fajer Real Estate.

A statement from the company said "The selection of TME comes just after the launch of the project, which highlights the commitment of Mina Al Fajer to complete the project as scheduled, towards end of 2009."

Ahmad Ali Khafan Al Daheri, the Vice Chairman of Mina Al Fajer Real Estate, and the TME Regional Manager, Nik Abdullah, entered into an agreement on behalf of their companies.

The Construction of Mina Al Fajer Resort is expected to start this month and is likely to be completed by 2009.

Mina Al Fajer is basically a sea-front community which includes a marina, 13 solarium villas, 80 Marina Apartments, in addition to a five star restaurant with 200 rooms, which will be managed by Fairmont Hotels and Resorts.

The Managing Director of Mina Al Fajer Real Estate and Director of Development and Investment, Abdul Rahman Al Awar, said the Marina, being an important aspect of the resort, it is vital to have a partner who has expertise to complete such a project on time.

Al Awar mentioned "The marina at the Mina Al Fajer Resort is one among the main attractions of the entire development, so we have taken great care to choose a company that will build it the way we envisioned it."

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