Firms express interest in Saadiyat apartments deal

15 October 2009

Tourism Development & Investment Company requires contractor to build towers

Abu Dhabi-based developer Tourism Development & Investment Company (TDIC) has invited selected contracting companies to express interest in a contract to build the Saadiyat Beach apartments on Saadiyat Island.

The project involves the construction of about seven mid-rise apartment buildings on the beach district of Saadiyat Island close to the St Regis resort and the Saadiyat Beach Residences, both still under construction.

In August, TDIC awarded an estimated AED1bn ($272m) contract to build 295 villas at Saadiyat Beach Residences to the local Al-Jaber Group.

In May, the joint venture of Al-Habtoor Engineering Enterprises and South Africa’s Murray & Roberts Contractors (Middle East) won the AED2bn ($545m) contract to build the St Regis resort.

TDIC is also looking for contractors to build three of the museums that form Saadiyat Island’s cultural district. They include the Louvre, the Guggenheim and Zayed National Museum (MEED 8:10:09).

A MEED Subscription...

Subscribe or upgrade your current 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.

Get Notifications