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Eagle Hills awards Fujairah project contract
Senior executives of Eagle Hills Abu Dhabi and Ghantoot Transport & General Contracting sign the contract in Abu Dhabi on Wednesday.
dubai - Ghantoot Transport & General Contracting will be responsible for the development of the mixed-use community
Ghantoot will be responsible for the development of the 38,258 sqm site, which includes the 167-key Palace Hotel, 80 luxury villas and the associated infrastructure.
Low Ping, CEO of Eagle Hills, said: "This milestone brings us a step closer to delivering this development to Fujairah. Fujairah Beach offers a unique investment opportunity to buyers as it is situated on the beach and within the city, and we have already witnessed a huge level of demand coming from investors. The project is on track for its 2019 completion."
Fujairah Beach and will be the first residential development in Fujairah with direct access to the beach. The mixed-use development will feature a gated residential community, comprising 80 villas and townhouses available in two, three and four-bedroom layouts.
In addition to the UAE, Eagle Hills is developing projects in four international markets, namely Morocco, Bahrain, Jordan and Serbia.
In the UAE, Eagle Hills is working closely with the Fujairah and Dibba Fujairah Municipalities on two projects, namely Fujairah Beach and The Address Fujairah Resort + Spa.
- business@khaleejtimes.com
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