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Advanced construction village on Saadiyat Island nears completion
- United Arab Emirates: Saturday, February 14 - 2009 at 13:22
- PRESS RELEASE
One of the most advanced housing facilities for construction workers in the Middle East is soon to be inaugurated by Tourism Development and Investment Company (TDIC), Abu Dhabi's leading tourism asset developer.
"The first accommodation cluster in phase one of Saadiyat Construction Village opens April 2009 and will house 5,000 construction workers in facilities that match or exceed international standards for personal space, public utilities and leisure and recreation facilities. By July, the three additional clusters of phase one will be opened accommodating an additional 15,000 workers and we have the potential to add clusters in the future to accommodate a total of 40,000 workers when required," said Lee Tabler, CEO of TDIC.
Investment in Saadiyat Construction Village's first phase will total Dhs950m ($258m) and includes halls of residence, dining areas catering to a multitude of ethnic tastes, sports and leisure amenities, shops, internet booths, recreational parks and laundry facilities.
"The construction village is situated on the beach to the south of the island and has extensive landscaped areas with parks, tennis courts, basketball courts and a cricket pitch. One of the core rationales behind the decision for the village is to foster a sense of home and community for the workers on the island," added Tabler.
Saadiyat Construction Village was master-planned by Singapore's award-winning Surbana Corporation Pte Ltd., which has 45 years of township planning and development experience, and has taken 12 months planning and construction. The village buildings are designed with significant environmental considerations including the installation of an energy-efficient cooling system.
"By committing to building this village, TDIC is fulfilling its pledge to deliver best practice across every element of its operations," said Tabler. "In matching and in some areas, exceeding international living standards for workers accommodation, the company is also delivering on the promise of respect which is at the core of the Abu Dhabi brand."
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About Tourism Development & Investment Company (TDIC):Tourism Development & Investment Company (TDIC) is a master developer of major tourism destinations in Abu Dhabi, the largest of the seven emirates which make up the United Arab Emirates, and a key contributor to its economic and cultural progress.
The company is behind some of Abu Dhabi's most prestigious projects including two major destinations - Saadiyat Island, which will house the world's largest single concentration of premier cultural institutions including the Sheikh Zayed National Museum, the Guggenheim Abu Dhabi Museum, the Louvre Abu Dhabi museum, a performing arts centre and maritime museum, and Desert Islands which will be one of the world's largest sustainable island tourism destinations.
By creating investment partnerships and joint ventures, TDIC's developments are supporting Abu Dhabi's evolution into a world class destination for tourists, businesses and residents and helping to realise the emirate's considerable tourism potential and strategic goal of delivering 2.7 million hotel guests a year by 2012. TDIC has joined with major investment, real estate and finance companies in Abu Dhabi to form Abu Dhabi Finance, the new entity formed to serve the real estate market of the emirate and to serve the demand for mortgage finance by consumers.
Established in April 2006, TDIC has already built a strong reputation among international industry players for its compelling value proposition, transparency of business approach and ability to deliver. Locally, TDIC offers significant employment and vocational training opportunities for Emiratis keen to enhance their careers and professional qualifications.
For further information, please contact:
Dalia Najjar
Account Manager
Hill and Knowlton
Tel: +971 4 3344930 Ext. 611
Fax: +971 4 3360712
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