Damac awards $381m of contracts in Jan, Feb 2017

Damac awards $381m of contracts in Jan, Feb 2017
Damac has awarded more than $381m worth of contracts so far this year.
Published: 9 March 2017 - 8:43 a.m.
By: James Morgan

Damac Properties awarded 121 contracts, worth $381m (AED1.4bn), during the first two months of 2017.

The contracts relate to various services across five of the UAE-headquartered developer’s Dubai projects: Akoya Oxygen, Damac Hills, Aykon City, Avanti Tower, and Merano Tower.

The company stated that the deals would form the basis for a “year of robust growth”.

Mohammed Tahaineh, senior vice president for commercial at Damac Properties, said: “Sustaining momentum from the successful launch of the Trump International Golf Club Dubai, […] work has been steadily progressing at Damac Hills as the community takes shape.

“We are also pleased with the level of progress at Akoya Oxygen, Aykon City, Avanti Tower, and Merano Tower, and our appointment of these reputable contractors, consultants, and suppliers to get work completed on our projects at various stages of development.

“Working with established companies comes as part of our commitment to delivering the best value to our customers, while strengthening the real estate offerings of Dubai through world-class designs, service, and construction quality. We look forward to handing over the completed units to our customers at each of these developments in the near future,” Tahaineh added.

Contracts for Damac Hills include the main works package for Golf Villas, as well as landscape, irrigation works, water features for the approach roads, and furniture and accessories for Park Villas.

Agreements inked for Akoya Oxygen cover consultancy services for the provision of supervision services, main works packages, roads and infrastructure works packages, and concept design.

Deals awarded for Aykon City include specialist design services and piling works packages, and the main works package has been awarded for Merano Tower.

Contract recipients include Ghantoot Gulf Contracting; China State Construction Engineering Corporation (CSCEC); Trojan General Contracting; Aqua Verde; Club House Italia; Engineering, Construction & Reconstruction (CRC); Mohammed Abdulmoshin Al-Kharafi & Sons; KEO International Consultants; KST Interiors; Al Shafar National Contracting (SNC); International Group Prefabricated Houses; National Piling Co (NPC); Kettle Collective Gulf; Johnson Controls Air Conditioning and Refrigeration; and Commodore Contracting.

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