Ajman 1 tender worth $408m to be awarded

The main construction package for the first phase of the Ajman 1 project is expected to be awarded by the end of this month.

The $408 million (AED1.5 billion) main construction package for the first phase of the Ajman 1 project is expected to be awarded by the end of this month.

"Five out of eight companies have made it to the shortlist and one will be selected by the end of this month," said Rami Dabbas, CEO, Aqaar Properties - the company overseeing the development of Ajman 1.

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