Dubai Airport Free Zone Authority (DAFZA) has invited at least three companies to bid by 17 October for the contract to build 500-600 villas at the Dubai Silicon Oasis (DSO) development. The contract, which is valued at AED 300 million-500 million ($86 million-$136 million), involves the construction of luxury villas and leisure and commercial facilities. Preliminary work is expected to begin by the start of 2005, with construction scheduled for completion by 2006.
Beirut-based Khatib & Alamihas also completed the design for DSO's headquarters. Tenders for the main construction package are expected to be issued in late October. The project calls for the construction of a 16-17-storey tower with associated facilities. The client is also preparing to issue tender documents by the end of October to carry out enabling works for the entire project. A tender for the complete infrastructure works is due out by year-end. Estimated to cost $1,300 million, Dubai Silicon Oasis will cover a built-up area of 7.2 million square metres in Dubai's Nad al-Sheba district. The project aims to attract global technology companies in the electronics and microelectronics industries to establish research and development, design, manufacturing and fabrication facilities. US-based Industrial Design & Construction (IDC)carried out the masterplan. The local Archon Engineeringis the consultant.
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.