The meeting came as divisions grow in Europe over the proposed tariffs
auto4 hours ago
Dubai South has awarded contracts worth Dh1 billion for a number of project developments, most notably in the city's Residential District, adjoining the Expo 2020 Dubai site.
The infrastructure and design contracts have been awarded to companies, including Parsons Corporation, Atkins Global, Studio International Architects, Al Nasr, Tristar Engineering & Construction and the US-based RNL Design.
Dubai South is confident that these partners will integrate new trends in smart city technology and sustainability into all aspects of Dubai South Residential District, which is specifically designed to deliver life solutions and happiness as key outcomes. Dubai South is conceptualised to manifest the themes of happiness as set out in the Dubai Plan 2021.
Ahmed Al Ansari, acting CEO of Dubai South, said: "We are excited to be working with leading companies in the construction industry to help create a solid foundation for the future homes of Dubai South residents. Our investments will take us closer to realising Dubai's vision of becoming a city of happy, creative and empowered people."
Dubai South's Residential District includes schools, nurseries, hospitals, retail outlets, F&B options, a post office, swimming academy and a sports centre. The sustainable city is designed to ensure all amenities are within walking distance.
Dubai South Residential District will have around 10,000 residential units between villas, townhouses and apartments by 2020, housing an estimated 35,000 residents. Property sales are expected to begin in October 2016.
The infrastructure development of the Residential District will be completed in phases. Work is under way by Al Nasr on the first section of the Residential District's infrastructure, which will be completed by the fourth quarter of 2016.
Tristar Engineering & Construction has been awarded the infrastructure construction for the remaining areas of phase one, with this phase scheduled to be completed by Q4, 2017. This will pave the way for over 40 developers to expedite their developments in Dubai South's Residential District.
Atkins Global, Studio International Architects and RNL Design are contracted to oversee the masterplan and product design for the mixed-use development within the Residential District, which includes apartments, townhouses, schools, community facilities, entertainment, retail and hospitality.
Dubai South has further awarded Al Nasr the construction of infrastructure in Dubai South's Logistics District. Further contracts were awarded to Parsons and Kele Constructions for building the first phase of Sakany Staff Village, accommodating 20,000 residents by 2020.
UAE-based City Diamond Contracting was also awarded a contract to build a multipurpose aerospace supply chain facility in Dubai South's Aviation District.
- business@khaleejtimes.com
The meeting came as divisions grow in Europe over the proposed tariffs
auto4 hours ago
Around 44% of total financing had a climate financing component
finance4 hours ago
World Cup-winning coach Dav Whatmore asked the young boy to watch YouTube videos of his favourite batsman
cricket4 hours ago
Flare-up in Middle East tensions also supporting oil
energy4 hours ago
Weekly jobless claims fall 12,000 to 219,000
economy4 hours ago
Volkswagen said this month it needed to cut costs significantly
auto4 hours ago
Many told the war revived traumas of past conflicts with some suffering panic attacks after hearing Israeli sonic booms or other loud bangs
mena4 hours ago
Dubai’s real estate market continues to be a global hotspot
realty4 hours ago