Tuesday, April 19, 2011

New mega residential development likely at South Shamkha

A new Dh.7bn worth self-sustainable infrastructure residential mega development is likely to shortly come up at South Shamkha, located 45kms from the Abu Dhabi city. The new community will be the first of its kind in the Capital in terms of size, covering an area of nearly 4000 hectares. On completion, the development is likely to accommodate a population of 130,000 UAE nationals.

The Abu Dhabi government has handed over the project contract to “Musanada”, an Abu Dhabi General Services Company. The project will be developed under the patronage of H.H. Sheikh Khalifa Bin Zayed Al Nahyan, the President of UAE and Ruler of Abu Dhabi, and H.H. Sheikh Mohammed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, Chairman of Emirate of Abu Dhabi Executive Council, and Deputy Supreme Commander of UAE Armed Forces.

Speaking about the project, the CEO of Musanada, H.E. Mohamed Khalifa Al Fahed Al Mehairi, the CEO of Musanada, said, the develop will comprise 12,460 plots, allocated towards local housing of nationals.

The project offers plots for shopping centers, commercial, educational, health, and recreational amenities, including a good public transportation system, a metro system, which can be linked to the capital.

Contracts worth a total of more than Dh.7bn, has been handed over to four companies, three being for local companies, namely Tristar Engineering & Construction, SaifBin Darwish Construction and Ghantoot Transport & General Contracting Establishment. The fourth joint venture is between the Beijing-based China State Construction Engineering Corporation and ARC Abu Dhabi Contracting.

Musanada will monitor the planned working of the development, wherein the contractors will oversee the planned progress of the work in four phases. The contractors have also been assigned a range of services including road works, sewerage networks, and potable water network.

Musanada was established in December 2007, to offer shared services to Abu Dhabi Government entities, so as to contribute to realization of Abu Dhabi’s aim to be among the top five governments in the world.

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