The value of Sungwon’s contract is AED1.7bn ($463m). It covers phase 2a of the parallel roads scheme, which involves the construction of roads, intersections, bridges and underpasses through the Business Bay development and the Dubai creek extension. The other bidders were Salini Costruttori at AED1.98bn, and ERC at AED2.01bn.
ERC has been awarded the AED699m contract to build the entries and exits serving the carparks at Rashidiya metro station. The other bidders were Salini at AED731m and China State at AED760m.
Parsons is the consultant for both projects (MEED 30:5:08).
You might also like...
Contractors win Oman Etihad Rail packages
23 April 2024
Saudi market returns to growth
23 April 2024
Middle East contract awards: March 2024
23 April 2024
Swiss developer appoints Helvetia residences contractor
23 April 2024
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.