Dubai's BICC wins first of Arada's $272m infra contracts in Sharjah
BIC Contracting, formerly known as HLG, will work on Arada's $6.5bn Aljada development
Sharjah-based real estate developer Arada has awarded an infrastructure package worth $28m (AED103m) for its Aljada development. Dubai-headquartered contractor BIC Contracting (BICC), which was formerly known as HLG, has won the contract.
BICC’s deal is the first part of the $272m (AED1bn) total infrastructure package designed by engineering firm Jacobs, which will be awarded for the 2.2km2 project.
Work included within BICC’s contract covers the construction of power, water, and communications networks, as well as landscaping and road construction. The company will immediately mobilise on site and is scheduled to complete the job by October 2019.
Aljada’s first phase comprises 14 apartment buildings that feature a total of 1,300 units, in addition to 100 townhouses and semi-detached villas. Phase 1 is scheduled to complete by the end of 2019. Contractor MBCC is building the first four apartment blocks of the $6.5bn (AED24bn) development.
Commenting on the contract, HE Sheikh Sultan bin Ahmed Al Qasimi, chairman of Arada, said: “Infrastructure is the backbone of any successful real estate development. Arada is very pleased to be working with BICC, a high-calibre company with a strong track record in this area. We are confident that they will execute this critical work to the very highest standards.”
Moustafa Fahour OAM, chief executive officer and managing director of BICC, added: “This project is well suited to BICC’s expertise in delivering high-quality infrastructure for marquee projects in the Middle East region.
“Aljada is a project that represents Sharjah’s future, and we’re proud to be working with Arada to help bring this destination to life.”
At the time of its rebranding this May, BICC said its new name signified “its ongoing strength and commitment in building and infrastructure construction across the Middle East”.
BICC, prior to being branded as HLG, was named Al Habtoor Leighton. It announced the adoption of 'HLG Contracting' as its name in November 2016, when it confirmed that its shares had been transferred from Al Habtoor Holding to shareholder Riad Al Sadik.