AIMS on target with $31.3m Ajman infra contract
Contractor picks up deal to develop final part of roads and utilities at first phase of Solidere's Al Zorah project
The developer of the $545m Al Zorah lifestyle project on the Ajman coastline has awarded the final infrastructure contract in the project's first phase works to locally-based AIMS Group.
The $31.3m (AED115m) contract brings the total invested by the developer in infrastructure under phase one to $136m (AED500m).
AIMS Group's work involves completion of the rest of the roads and utilities in phase one and is scheduled for completion by the end of this year.
The Al Zorah development will eventually be spread over 5.4km2 and 12km of waterfront. It will feature natural mangroves, beaches, a 700,000m2 golf course by Nicklaus Design and two beach resorts. The first phase also includes four marinas that can house over 200 b0ats and a new highway linking the development to Sheikh Mohammed bin Zayed Road. New villas and serviced apartments will also be included.
Imad Dana, CEO of Al Zorah Development Company, said: “The foundations of the success of any property development project spread over such a large area like Al Zorah, is dependent on the connectivity of its individual components.
“We are committed to the comforts of our future residents right from the start and we are ensuring that the entire project is geared to provide a holistic lifestyle from day one when people move in."
Al Zorah has been created by Lebanese property giant Solidere.