Wheels start rolling on Ayla

30 June 2006

Ayla Oasis Development Company, a subsidiary of Saudi Arabia's Arab Supply & Trading Establishment (Astra), is preparing a shortlist of prequalified companies for the first phase infrastructure package on the estimated $700 million Ayla Oasis project in Aqaba (MEED 11:11:05).

Ayla Oasis Development Company, a subsidiary of Saudi Arabia's Arab Supply & Trading Establishment (Astra), is preparing a shortlist of prequalified companies for the first phase infrastructure package on the estimated $700 million Ayla Oasis project in Aqaba (MEED 11:11:05).

Prospective prequalifiers for the estimated $80 million infrastructure package include Turkey's Aydiner Construction Company and a consortium of the local Omar Abu Saad Engineering & Contracting Establishment with Aysel Construction Contracting & Trade Company and Unal Construction & Trade Company, both of Turkey, as well as Egyptian, Saudi Arabian, Greek, Chinese, South African and UK companies. A shortlist of prequalifiers is expected to be made by mid-July. 'Once we have finalised the shortlist, companies are expected to be given until September to submit technical and commercial proposals,' says an Ayla representative. 'An award is due to be made in early 2007.'

The Ayla development will be built on 4.3 million square metres of land, close to the border with Israel, and will involve the construction of five hotels, 3,000 residences, a marina village, an artificial lagoon and an 18-hole golf course. The development is split into three four-year phases.

The design consultant for the phase 1 infrastructure package is a team of Montgomery Watson Harza, part of the US' MWH, and the local Arabtech Jardaneh. The masterplan was drawn up by the US' EDSA.

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.