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UPDATE: Nakheel restarts work at Al Furjan project

by CW Staff on Sep 22, 2010

10 Comments

Nakheel has resatrrted the stalled Al Furjan residential development in Dubai. Photo: Getty.

Nakheel, the debt-laden real estate arm of Dubai World, on Wednesday said it had restarted work on its Al Furjan Project in Dubai.

Nakheel earlier this year had delayed payments to contractors and suppliers causing contractors to suspend work at the 560-hectare Al Furjan project after building only 500 of a planned 4,000 homes.

The developer has instructed Al Shafar Transport and Contracting Co to restart its portion of the project, it said in an emailed statement.

“We expect that all short term projects will be fully mobilised by October 2010,” the statement said.

Arabtec is also anticipating a restart to its phase of the large residential development.

“Arabtec fully expects that when current financial issues are formalised, Nakheel will instruct Arabtec to recommence works on its contracted Phase of Al Furjan Villas,” said Thomas Barry, CEO of Arabtec Construction, in a statement to Construction Week.

FEATURED COMMENT

Good luck,we wish the boom will resume.

10 Comments

Readers' Comments

Husam Alaghbar (Jan 17, 2012)
Amman
Jordan

New Nakheel start
Good luck,we wish the boom will resume.

Avinash Tiwade (Jan 28, 2011)
Dubai

Jumeirah Village Circle
Can anyone tell me what is Nakheel doing about the completion of the Jumeirah Village Circle project?

kaja Mohaideen (Jan 3, 2011)
Abu dhabi
United Arab Emirates

DUBAI
GOOD NEWS

ilyas ali (Dec 22, 2010)
odero lal station pakistan
Pakistan

request
please send me contacts no; and e-mail addressess of consultant engagged in al-furjan project of nakheel uae

bruno vidakovic (Oct 4, 2010) Australia

nakeel projects
All credit to Nakheel and the government for showing great faith in their vision. The energy feels good for this amazing development! Could anybody give me a heads up on a honest contact as to how I may get involved in this project?

paul (Sep 24, 2010)
dubai
United Arab Emirates

al furjan payments
does that mean nahkeel are going to pay the outstanding bills to the old contractors on the project or do we have toremove all our equipment because of non payment?

Joy A Thomas HLB Hamt (Sep 23, 2010)
Dubai
United Arab Emirates

Nakheel restarts work at Dubai's Al Furjan project
Nakheel great decision.. good news ...

UAE Tizer (Sep 23, 2010)
Everywhere
United Arab Emirates

Another Smoke Screen
What about all the people who have put deposits on Nakheel down on Nakheel developments and have only a feild of sand to show for it when are they starting those projects,Its just a smoke screen to make us think they are in good shape when in fact they are crippled by all the crazy plans to build Dubai into this place that everyone wants to live ansd work.....Not!

tom barry (Sep 23, 2010)
dubai
United Arab Emirates

Al Furjan restarting
Let's be quite CLEAR here. Nakheel have asked Al Shafar to restart work on the Villas that Al Shafar had already a contract for. Al Shafar are NOT restarting the Arabtec Villas, which are still awaiting instructions from Nakheel to Arabtec to restart, which will hopefully be soon.

joseph ghosn (Sep 23, 2010)
dubai
United Arab Emirates

Nakheel restarts work at Dubai's Al Furjan project
Great news, well done Nakheel

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