Nakheel awards AED430 million worth of contracts

 Master developer Nakheel has awarded four contracts, collectively valued at more than AED430 million, for Deira Islands, its new 15.3 square kilometre waterfront city currently under construction in Dubai.

The contracts, covering islands A and B of the four-island development, are for a sewage treatment plant, a district cooling plant, a substation and piling work for an 800-room resort.

Nakheel has now invested nearly AED7.5 billion in infrastructure and construction contracts for Deira Islands so far and more are due soon.

The latest contracts awards are AED228.3 million to VWS Emirates LLC/ Butec S.A.L (Dubai Branch) under a joint venture for the design, construction and 10 years’ operation and maintenance of a sewage treatment plant, nearly AED100 million to Emirates District Cooling (Emicool) LLC to build a district cooling plant for Nakheel’s Deira Islands Night Souk and nearby Nakheel buildings, with 10 years’ operation and maintenance, AED90.5 million for a 132/11kV substation to AG Power LLC, covering the south island (Island A).

Three other substations are already under construction. Deira Islands will have eight substations in total.

With a diverse range of retail projects, resorts, hotels and residential developments, Deira Islands will transform Dubai’s Deira district into a world-class hub for tourism, retail and entertainment. The waterfront city will add 40km, including 21km of beach, to Dubai’s coastline and pave the way for the development of hundreds of hotels, residences and attractions. Deira Islands is expected to have a population of 250,000 and to create 80,000 jobs.

In April, Nakheel awarded a construction contract worth AED4.2 billion for Deira Mall, the centrepiece of Deira Islands and Dubai’s biggest shopping mall in terms of retail space. Meanwhile, Deira Islands Night Souk, with more than 5,300 waterside shops and restaurants, is under construction and due to open in 2018.

Source: Wam