Local property developer Reem Investments has received bids for two consultancy packages on its AED 30,000 million ($8,000 million) Najmat Abu Dhabi project on Al-Reem island. Five companies have submitted bids to provide project management services (PMS), and four companies have submitted bids for the infrastructure design. The first construction tenders to be issued will be the dredging and reclamation and enabling works packages which are expected by August.
Located next to the bridge connecting Al-Reem to Abu Dhabi city, Najmat will serve as a gateway to the island. The 1.9 million-square-metre development centres on three districts - business, art and village - and is designed as a self-sustainable community. The total built-up area will be 7.5 million-square metres. The central business district will include a range of 40 and 50-storey mixed-use towers that will surround the retail and the entertainment district, with two iconic 80-storey buildings at the heart. Najmat will be home to a population of more than 80,000 when it is complete in 2012. The infrastructure is scheduled for completion in 2008. The US' RNL prepared the masterplan.Sorouh Real Estate is developing Shams Abu Dhabi, and Tamouh Investments is developing the Pearl on Al-Reem. The common infrastructure on the island is being developed by Bait al-Khidmat (House of Services), formerly known as Enmaa and Reem Properties (MEED 10:2:06).
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