Register | Forgot password?
Switch to Arabic
Saturday, November 14 - 2009

Capitala awards Dhs1.9bn main construction contract for Rihan Heights

  • United Arab Emirates: Wednesday, September 24 - 2008 at 10:00
  • PRESS RELEASE

Capitala, the Abu Dhabi-based strategic master planner and developer, announced that it has awarded the main construction contract for Rihan Heights, the first phase of its $ 5 - 6bn flagship project, Arzanah.

Article continues below
  • Kwan Foh Kwai, Managing Director, Sunway Construction, Heang Fine Wong, Acting CEO, Capitala, Shaher Awartani, Managing Director, Silver Coast Construction.
    Kwan Foh Kwai, Managing Director, Sunway Construction, Heang Fine Wong, Acting CEO, Capitala, Shaher Awartani, Managing Director, Silver Coast Construction.
Strategically located at the gateway point on Abu Dhabi island, Arzanah is the 1.4 million square metre fully integrated, mixed use development surrounding Zayed Stadium.

Arzanah offers a unique blend of quality residential properties with leisure, sports and retail amenities that focuses on promoting an active urban lifestyle for its residents and the community at large.

Rihan Heights consists of five residential towers with 854 apartments and 14 exclusive villas.

Enabling works have already commenced with piling completed a month ahead of schedule.

This 25-month main construction contract covers all other construction activities as well as associated mechanical, electrical and plumbing works (MEP).

The contract, valued at around Dhs1.9bn (approx $500m), was awarded to the joint venture partnership between Sunway Construction Sdn Bhd (SunCon), part of the international Sunway Group, a leading multi-disciplinary conglomerate headquartered in Malaysia, and Silver Coast Construction & Boring Est, a leading Abu Dhabi-based contractor.

Mr Heang Fine Wong, Acting Chief Executive Officer of Capitala, commented:

"We congratulate this joint venture between Sunway Construction of Malaysia and Abu Dhabi-based Silver Coast Construction & Boring Est on their successful bid. We look forward to working closely with them over the next two years."


He added: "This is a key milestone for both Capitala and our major project, Arzanah. We have achieved a significant advantage with the completion of our enabling works ahead of schedule and main construction works are due to commence this coming November. We are on target to complete Rihan Heights and start the gradual hand over of residences to our buyers in the first quarter of 2011."
Also consider reading:
Log in to request more information from Capitala

Notes and media contacts

About Arzanah
Arzanah is a 1.4 million square metre fully integrated, mixed use development surrounding Zayed Stadium, offering a unique blend of quality residential properties with leisure, sports and retail amenities, that have been designed by some of the world's finest designers, architects and engineers.

Its prime location on Abu Dhabi island in the Grand Mosque District, is just minutes away from Abu Dhabi city centre, the Abu Dhabi International Exhibition Centre and the Central Business District. Arzanah is easily accessible due to its connection to a comprehensive road network and will be a main gateway along the future planned high speed metro system.

With manicured gardens, a canal and a natural pristine beach, the undulating topography of Arzanah will create a new landscape in the city of Abu Dhabi. Facilities include an exclusive club, a two kilometre stretch of private beach, a picturesque canal flowing through the development, communal gardens and extensive walking and cycling trails.

Two iconic land bridges will connect the main vicinity to a prime two kilometre stretch of natural beachfront, fringed by exclusive luxury apartments, a vibrant boardwalk and beach club.

Residents and visitors will also be able to enjoy a high street shopping experience in a unique open-air climate controlled environment. There will also be a school offering an internationally recognised, high quality accredited education.

In addition to the Zayed Stadium, other sports facilities for residents include the ATP-standard Abu Dhabi International Tennis Complex, the 40-lane world-class Khalifa International Bowling Centre, the Abu Dhabi Ice Rink and a state-of-the-art Aquatic Centre. Arzanah will also be home to the Mubadala-owned Abu Dhabi Knee & Sports Medicine Centre, the first healthcare facility in the Middle East to specialise in the diagnosis and treatment of patients with knee and sports-related injuries.

About Capitala

Capitala is an Abu Dhabi-based strategic real estate master planner and developer committed to designing, building, managing and maintaining world-class, integrated communities in the Capital city.

Established in 2008, Capitala is a strategic joint venture company between Mubadala, a leading business development and investment company in Abu Dhabi, the majority shareholder with a 51% stake and CapitaLand, one of Asia's largest real estate companies, holder of the remaining 49% stake.

Capitala will build and deliver innovative, sustainable mixed-use developments and is dedicated to setting the highest standards for community development and leading urban design and to continually meet and exceed the expectations of residents, visitors, owners and investors.

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions