Local real estate developer Reem Investments has appointed Malaysia’s KLCC Holdings to provide project management services (PMS) on its $8,000 million Najmat project on Reem island. KLCC is the owner/operator of Kuala Lumpur’s Petronas Towers and managed the project’s construction.

Located next to the planned bridge connecting the island to Abu Dhabi city, Najmat will serve as a gateway to Reem. The 1.9 million-square-metre development centres on three districts business, art and village and is designed as a self-sustainable community. The first construction tenders to be issued will be the dredging and reclamation and enabling works packages. The infrastructure is scheduled for completion in 2008.

The infrastructure consultant is the UK team of Hyder Consulting with Halcrow.

The US’ RNL prepared the masterplan (MEED 7:4:06).