Target and Jima Construction Co wins $32.6mn deal
Contract from Nakheel for infrastructure works at Al Furjan project
Nakheel has awarded a contract worth almost AED120mn ($32.6mn) for infrastructure work at its Al Furjan master community in Dubai.
The contract with Dubai-based Target and Jima Construction Company covers the construction of 16 km of roads and the preparation of nearly 500 third party villa plots at the ever-growing community.
According to a report by Emirates News Agency, the work is due to begin by the end of October 2014, with a planned 16 month completion timeline.
The contract is for work in Al Furjan Phase 2. Nakheel has already delivered 800 homes and is building 400 more in Phase 1, a community with more than 2,500 residents.
Nakheel is also building a new, 10,000m2 retail and recreation hub at Al Furjan. The centre, complete with supermarket, cafes, restaurants, shops, swimming pool, gym and sports courts, is due to open in March 2016. More than 70% of retail space there is already booked.
Al Furjan is conveniently located between Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road, close to Ibn Battuta Mall.