Realestate
Ajman Marina signs AED 150m contract with China Harbour Engineering
Posted on: Sunday September 21 , 2008  1:21:09 PM (GMT+4) Submit Press Release

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  • Prominent firm to be responsible for mega-project’s infrastructure works 


Management at Ajman Marina, one of the largest integrated mega-projects in the region, has announced the signing of an AED 150 million strategic agreement with China Harbour Engineering, appointing the company to develop the project’s infrastructure. The agreement was signed by Abdullah Al Majed, Ajman Marina Board Member and head of the project’s executive committee, and Li Guo Wei, General Manager of China Harbour Engineering.
 
Speaking of the agreement, Al Majed said, “The appointment of China Harbour Engineering to develop vital civil engineering and infrastructure works for the Ajman Marina represents a major step forward for the development. We are delighted to have China Harbour Engineering working with us on this prestigious development, and we are confident that their excellent track record and their industry standing and expertise will be invaluable at this vitally important phase of the project.”
 
In addition to the contract with China Harbour Engineering, the AED 9 million consulting contract for Ajman Marina has also been awarded – to Mouchel, who will act as managing consultants for the development works and supervise and manage the 390,000 cubic metres  of digging and piling works, and the 557,000 cubic metres of filling works for the Marina’s quay. Once completed, the quay wall will extend over approximately 1,700 metres. The development works will start in the third quarter of the current year and are expected to continue for 18 months.
 
The USD 3 billion Ajman Marina is considered one of the largest touristic, residential and commercial projects in Ajman. Upon completion, the project will offer 8,000 freehold residential units, covering 14million square feet of built-up area, as well as a number of commercial and entertainment facilities extending over three million square feet. The project will also feature a yacht club, residential towers with captivating waterfront views, restaurants, entertainment centers, hotels, offices, car parks, full time security services, swimming pools, cafes, health care centers and pharmacies.
 
Last year, projects under development in Ajman amounted to AED 580 million, while completed projects were valued at AED 500 million. In addition, there were numerous maintenance-related projects, valued at AED 174 million, including maintenance and renewal of the emirate’s vital road network, as well as several infrastructure projects, including the recently announced AED 800 million water drainage processing station project.
 


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