They are the local Bu Haleeba Contracting, with South Africa’s Grinaker-LTA; the local/Australian Nasa Multiplex, with the local/UK Al-Futtaim Tarmac; the local Khansaheb Civil Engineering; the local Al-Habtoor Engineering Enterprises, with South Africa’s Murray & Roberts Contractors (Middle East); and South Korea’s Daewoo Engineering & Construction Company, with the local Dhabi Contracting Company.
Estimated to be worth $200 million, package 2 includes the construction of a 300-room five-star hotel, known as the Palace, luxury villas totalling 300 keys, a convention centre and external works. The contract is due to be completed by April 2004.
The Bu-Haleeba/Grinaker-LTA team is carrying out the first package on the project. The estimated $65 million, 16-month contract centres on the construction of a port of entry hotel, which will have 300 rooms and 20 suites. The hotel is scheduled to open in August 2003, a month before Dubai hosts the IMF/World Bank meetings (MEED 18:1:02).
The client is Jumeirah International; the project manager is Mirage Leisure & Development of South Africa.
Madinat Jumeirah will be the latest in a series of hotel developments to be built in Dubai. It will be built to the south of the Burj al-Arab and Jumeirah beach complexes. The various components of the development will be linked by a navigable waterway.