Bids sought for $1bn Abu Dhabi football stadium

Mubadala Development Co, Abu Dhabi's sovereign wealth fund, has set May 24 as the closing date for bids on the contract to build an estimated $1bn football stadium in the UAE capital, Meed has reported. The 65,000-seat football stadium is part of the new Capital City District development next to Khalifa City, between Mussafah and Abu Dhabi International airport. The five groups which have prequalified for the tender include France's Bouygues with the local/Lebanese Arabian Construction Co (ACC); South Korea's Samsung Corp and Germany's Ed Zueblin; Japan's Taisei Corp and Beijing-based China State Construction Engineering Corp; and France's Vinci Grand Projets with Athens-based Consolidated Contractors Co (CCC).