Prequalification of general contractors is under way for the Dubai resort and spa project at Yiti and Shinas, planned by Dubai International Properties (DIP). The launch of the contractor selection process came after the client appointed Australia's Bovis Lend Leaseas project manager on the development. DIP, a subsidiary of Dubai Holding, signed in March a memorandum of understanding (MoU) to participate in the estimated $820 million resort project (MEED 1:4:05).
Prequalification of general contractors is under way for the resort and spa project at Yiti and Shinas, planned by Dubai International Properties (DIP). The launch of the contractor selection process came after the client appointed Australia?s Bovis Lend Leaseas project manager on the development. DIP, a subsidiary of Dubai Holding, signed in March a memorandum of understanding (MoU) to participate in the estimated $820 million resort project (MEED 1:4:05). Tendering is expected to begin in early 2006 on the first packages on the project. At Shinas, DIP is proposing to build four hotels, including two five-star properties, serviced apartments and a retail area, a 150-berth marina and an 18-hole golf course, along with extensive infrastructure. At Yiti, the scope of the project includes two five-star hotels and a deluxe time-share hotel, 1,000 villas, apartments, a retail centre, a marina, an 18-hole golf course, a country club and a marine eco-tourism centre.
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