TDIC awards German/UAE joint venture AED 671 Million Saadiyat Bridge contract
- United Arab Emirates: Sunday, December 10 - 2006 at 12:33
- PRESS RELEASE
Abu Dhabi's Tourism Development & Investment Company (TDIC) has awarded the construction contract for the 10-lane Saadiyat Bridge highway to a joint venture between German project construction powerhouse ED Zublin AG and UAE contracting firm Saif Bin Darwish.
"The Zublin/Bin Darwish bid was selected for its competitiveness in both commercial and technical terms," said Mubarak Al Muhairi, Managing Director, TDIC.
Construction of the bridge, which will link Abu Dhabi with Saadiyat Island - the 27 square kilometre island lying 500 metres offshore the UAE capital - is due to begin before the end of this year with completion scheduled in 2009.
The construction of Saadiyat Bridge is one of the biggest infrastructure developments in Abu Dhabi. The bridge has been designed as a concrete box girder carrying five lanes of traffic in each direction as well as two future passenger rail system tracks and will be built using segmental technology.
The tender award covers civil, electrical and mechanical works for a two kilometre, at-grade, 10-lane freeway connecting the UAE capital's Mina Zayed area with Saadiyat Island and the main 1.5 kilometre long bridge and two, 200 metre off ramps on the island.
"When complete, access provided by this main bridge will result in a five-minute drive from Abu Dhabi city to Saadiyat Island," explained Lee Tabler, CEO, TDIC.
Saadiyat Bridge will be the main gateway to Saadiyat Island (Island of Happiness) which is being transformed into a strategic international tourism destination and which will be home to the Middle East's first, and only, Guggenheim contemporary art museum.
The transformation of Saadiyat Island is TDIC's flagship project with the development scheduled in three phases until completion in 2018. A second, 10-lane freeway is also planned to link Saadiyat Island with the Abu Dhabi-Dubai expressway meaning the island will be only a 25 kilometre drive from Abu Dhabi International Airport.
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Tourism Development & Investment Company (TDIC) is a public joint stock company established under Law No: 12 of 2005 as decreed by the Abu Dhabi Ruler and UAE President, His Highness Sheikh Khalifa Bin Zayed Al Nahyan. TDIC is an independent organisation empowered to manage the tourism investment zones of the Abu Dhabi Tourism Authority (ADTA), which directs and implements strategy for the expansion of the emirate's tourism sector. TDIC will develop real estate assets that support ADTA's mission of assisting UAE economic diversification through tourism development.
TDIC shareholding, fully owned by ADTA, operates along strictly commercial lines with its projects being self-sustaining and economically feasible. Its activities include creating development and tourism related concepts for specific sites and locations, disposing of, or repositioning, government-owned tourism related assets, entering into joint ventures with investment partners for assets such as hotels or residential products, as well as serving as the master developer for large scale projects.
About Saadiyat Island:
Saadiyat Island - which translates from Arabic as Island of Happiness - is the largest single mixed-use island development in the Arabian Gulf. The 27 square kilometre natural island lies only 500 metres offshore Abu Dhabi island - the capital city of the United Arab Emirates. Saadiyat Island is being developed into a complete visitor and residential destination.
Saadiyat Island represents one of the most important development opportunities in Abu Dhabi's history. The island, which has 30kms of water frontage and boasts many natural eco-features including mangrove forests, is being developed as a strategic international tourism destination and marks a new era in the rapid evolution of Abu Dhabi, the largest of the seven emirates which form the UAE Federation.
Saadiyat Island will be developed in three phases with total completion scheduled for 2018. The masterplan envisages six highly individual districts and includes 29 hotels, including an iconic 7-star property, three marinas with combined berths for around 1,000 boats, museums and cultural centres, two golf courses, civic and leisure facilities, sea-view apartments and elite villas.
Saadiyat Island will be home to the Guggenheim Abu Dhabi - at 30,000 square feet, the world's largest Guggenheim contemporary art museum.
Saadiyat Island will be linked to the main Abu Dhabi island and the Abu Dhabi mainland via two, 10-lane freeways making the destination easily accessible to Abu Dhabi International Airport, which will be just a 25 kilometre drive away.
Saadiyat Island is being developed by the Tourism Development & Investment Company (TDIC), an independent public joint stock company of which Abu Dhabi Tourism Authority is the sole shareholder. TDIC's strategy is to dispose of development land on the island to private investors who will each develop their sites in accordance with the masterplan and supporting planning regulations and design guidelines.
For further information:
Bassem Terkawi. PR & Events Manager
TDIC
Tel: +9712 4443000;
fax: +9712 4443111.
For further information: Barbara Saunders, MCS/Action.
Tel: +9714 390 2960
fax: +9714 390 8161
Or visit Saadiyat Island online at: www.saadiyat.ae
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