ALEC awarded US $707 million Veneto contract

ALEC will build 840 villas in Nakheel's Veneto development on Dubai Waterfront.

Al Jaber Engineering and Contracting (ALEC) has won a US $707 million (AED2.6 billion) main contract to build 840 villas in Nakheel's Veneto development on Dubai Waterfront.

Veneto is a 2 million m² development that includes 2613 residential units, office space, retail outlets, and dining facilities. Infrastructure works have begun and construction of facilities is expected to start in June 2008.

The project is expected to be completed in August 2010.
 

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The managing consultant for the project has not been appointed, but according to insiders, Al Gurg Consultants is expected to be appointed to fill that role.

Earlier this year, Wade Adams was awarded the $115 million infrastructure contract for the development.

The scope of work for Wade Adams includes all infrastructure work including sewerage, drainage, district cooling, gas pipelines, roads, footpaths and fire fighting facilities.

The contractor has been given until December 2009 to complete the work.

UK based consultant Mouchell Parkman has been appointed as the infrastructure consultant.

The project is the third phase of Dubai Waterfront, a 3.3 million m² community development that comprises four districts: the Boulevard, Madinat Al Soor, the Resort and the Marina.

The scope of work for the entire project includes the construction of 1413 villas, 1200 low rise apartments, office space, retail outlets, and dining facilities.

The project is set for completion in 2012.

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