Articles
Companies

Home / NEWS / Construction begins on Phase 1 of UAE's $6.8bn Sharjah Waterfront City

Construction begins on Phase 1 of UAE's $6.8bn Sharjah Waterfront City

by Neha Bhatia on Feb 20, 2018


Construction works have begun for Phase 1 of Sharjah Waterfront City.
Construction works have begun for Phase 1 of Sharjah Waterfront City.

Sharjah Waterfront City's development team has reported progress, with construction set to commence for the project's first phase, worth $816.7m (AED3bn).

The mega project is being developed by Sharjah Oasis Real Estate Co at a cost of $6.8bn (AED25bn). 

VIDEO: Construction site of Sharjah Waterfront City

Sharjah Oasis Real Estate Co has handed over two power transmission and distribution plants, worth $68m (AED250m), to Sharjah Electricity and Water Authority (SEWA). 

SEWA chairman, Dr Rashid Alleem, received the units. 

The plants can deliver 700 megawatts (MW) of electricity, and are expected to power the entire waterfront community, which is estimated to attract 60,000 residents, workers, and visitors.

The project is said to be the first instance of a private developer building power assets and handing them over to SEWA. 

HE Sheikh Abdullah Al-Shakrah, chairman of Sharjah Oasis Real Estate, said the power units' handover is "one of the most important infrastructure milestones" for the project. 

"I am pleased to announce the completion of infrastructure works within Sharjah Waterfront City.

"[This included] the removal of 12 million cubic metres of sand to dig 3.5m-deep canals, with widths spanning 100-300m, as well as the creation of eight islands that helped to create 20km of new coastline and beachfront properties." 

Al-Shakrah said that the infrastructure projects have also seen the moving and installation of 5m tonnes of rocks to create breakwater and marina quays, as well as to ensure the protection of water channels. 

Additionally, bridges and roads were developed alongside the power plants. 

Sharjah Waterfront City spans 557.5ha, and features eight islands featuring 1,500 luxury villas and smart homes, 95 mixed-use towers, hotels, shopping centres, office complexes, and an 800-berth marina. 

 

    



Advertisement




Articles
Companies