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Mayadeen sign five new contractors for "Landmark" projects in Shams Abu Dhabi
- United Arab Emirates: Monday, June 23 - 2008 at 11:20
- PRESS RELEASE
National Ranges Company K.S.C.C. (Mayadeen), a listed Kuwaiti shareholding company, has signed five major contracts for its two projects in Shams Abu Dhabi project, Aurora and Dari.
Situated on Al-Reem Island, off the northern shore of the capital, Shams Abu Dhabi is planned as a landmark project.
The venture is one of the largest of its kind in the region and is planned as an all-encompassing contemporary real estate project that will cater to all facets of everyday life.
Mayadeen Chairman Mr. Khalid Jassem Al-Wazzan said that the company signed these contracts with pioneer contractors; supervisors and consultant companies to show Mayadeen's sincerity and commitment to the highest standards of quality in the field of project development.
"This is a milestone in Mayadeen's journey to establishing itself as a key player in the property development industry across the region," he said.
Mayadeen CEO Eng. Naser Ali Al-Attar said "Mayadeen has been working very hard to partner with these distinguished institutions that will be responsible for turning the dream of building these projects into reality."
"After a meticulous screening process, we are signing the leading contractors in the market to help make our projects in Shams Abu Dhabi a prestigious and significant development," he said. "Aurora and Dari will feature unique aesthetic features which will add to the character of Abu Dhabi's northern coastline."
"I can proudly say that today, our first goal has been achieved and now we move confidently toward our second goal: to grow our company's shareholders value," said Al-Attar.
"Mayadeen intends to work with the concept of quality and not quantity; we want all of our clients, shareholders and staff to be proud to deal with, or work for, Mayadeen," he added.
Both Aurora and Dari each consist of two high-rise residential towers reaching more than 200m high; all four residential towers comprise of apartments ranging from one - four bedrooms.
Both projects will also include their own smaller commercial tower of 11 floors for Aurora and seven floors for Dari.
Cansult Maunsell is one of largest engineering, design and project management firms in the Middle East. They will provide industry leading expertise and capabilities that support the projects' longer term operational and commercial viability.
As both projects' main construction contractor, Beijing Construction Engineering Group Co. Ltd, comprises of more than 200 companies and factories, engaged in architectural design, scientific research, construction, equipment installation and building material supply.
Emirates Technical Associates (ETA, M&E Division) is a leader in the field of Electro Mechanical Contracting in the UAE.
Responsible for all Electro Mechanical works in the four residential towers and two commercial buildings, ETA's speciality ranges from air-conditioning and electrical works, through to lighting, fire, phone and CCTV systems.
Yuanda Enterprise Group is a large-scale international leading enterprise group engaged in curtain wall construction, windows & doors, elevator manufacture, motor manufacture, environmental engineering and industrial coating.
RW Armstrong is an American consulting firm specializing in architecture, engineering, design management and project management.
As the lead consultant, RW Armstrong provided the design and site supervision services for the Development and managed the design development of the project starting from the concept design till the final design was developed.
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