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Nakheel awards new contracts for project work on the Palm Jumeirah

Apr 19, 2012 - 06:53 -

DUBAI, Apr 19th, 2012 (WAM) -- One of the region's leading real-estate developers Nakheel has awarded two separate contracts worth a total of AED 43 million for project work on the Palm Jumeirah.

The first contract for AED25 million was awarded to architecture company RSP for the design of The Palm Mall, a 1.7 million square foot retail complex set to open in 2014.

Design work is due to finish by the end of this year, with construction starting early in 2013, Nakheel said in a statement today.

The second contract for nearly AED18 million, was awarded to Al Marwan Contracting for infrastructure work on Frond N of the Palm Jumeirah.

Work is expected to begin in the next few weeks and take around five months to complete. The work includes road networks, traffic signage, street lighting and storm water drainage.

WAM/AB