The invitation to prequalify was due to be sent out to shortlisted developers on 19 June for the Falaika island development project. Twenty-two companies and groups have been shortlisted to apply for prequalification from the 43 local and regional companies which submitted expressions of interest by the late May deadline. The estimated $5,000 million project, aimed at transforming the 43-square-kilometre island into a tourism and leisure resort, will be developed on a build-operate-transfer (BOT) basis (MEED 26:3:04).
Shortlisted developers will be given about two months to submit prequalifications. At least three 20-year BOT contracts are to be tendered on the project, which calls for the construction of chalets, hotels, leisure and entertainment facilities. The masterplan for the island's development has been prepared by the local Al-Dabbous Engineering Consultants.
The client is the Divided Zone Agreements & Kuwaiti Islands & Mega Projects Development Team. The construction and project manager is the US' Hill Internationalwith the local SPDM.
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