Up to five companies have been prequalified to submit bids by 5 March for the main package on the Fahaheel waterfront development project. Estimated to be worth KD 10 million-12 million ($32 million-38.6 million), package 5 covers the construction of the main buildings and external works (MEED 27:8:99).
The project calls for the development of 1.6 kilometres of beachfront at Fahaheel, south of Kuwait City. It is targeted to be completed by the third quarter of 2004.
The project will include the construction of a 17,000-square-metre retail area, a food court with six restaurants, a mixed-use vegetable and fruit market and parking facilities for over 1,200 cars. It will also entail the construction of a marina for 160 vessels, an inner harbour, a dhow harbour, recreational facilities and related civil and mechanical works.
The client is the local Tamdeen Real Estate Company, which signed in mid 2001 a build-operate-transfer (BOT) agreement with Kuwait Municipality and the Finance Ministry, and committed to invest KD 20 million ($64 million) over a four-year period.
Contracts have been awarded for the first four packages on the scheme. Worth a total of about KD 4.6 million ($14.8 million), the packages cover site preparation, removal of existing pipelines, construction of an onshore culvert and marine works.
The consultant is the local Gulf Consultalong with Amman-based Dar al-Omran. The US' Cambridge Seven Associates is the architect; the marine consultant is the UK's Mouchel.
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