Business | Construction
City of Arabia signs contractor agreement for Wadi Walk
The Ilyas and Mustafa Galadari Group, owners of City of Arabia, the spectacular $5 billion retail, residential, commercial and entertainment destination in Dubailand, has appointed Dhabi Contracting as the main contractor for Wadi Walk.
Dubai: The Ilyas and Mustafa Galadari Group, owners of City of Arabia, the spectacular $5 billion retail, residential, commercial and entertainment destination in Dubailand, has appointed Dhabi Contracting as the main contractor for Wadi Walk.
Dhabi Contracting won the contract to build the city's Mediterranean style low-rise apartments and waterfront community, over four other companies, for their competitive bid.
With soil testing, excavation and shoring works already complete, Dhabi Contracting is now mobilising on site, and is commencing foundation works for Wadi Walk.
Mustafa Galadari, Vice Chairman and Managing Director of Ilyas & Mustafa Galadari Group, said: “We already have an excellent relationship with Dhabi Contracting, in their role as the main contractor on site for Mall of Arabia, which is progressing well, and we are looking forward to strengthening our business links.''
Sami Edwards, Managing Director of Dhabi Contracting, said, “With around 1,000 workers and 40 engineers on site for Mall of Arabia, we have now introduced approximately 500 more to build Wadi Walk.''
Wadi Walk, a vibrant waterfront community set along a meandering eight-kilometre canal, will provide residents and visitors with a huge range of retail outlets, cafes and restaurants, and ample space to stroll and relax.
Acting as the focal point of the development, the canal will be kept to a deep blue colour and will maintain pristine quality by 11 water filtration plants sunk within the basement. Visitors will be able to cruise the waterway aboard fleets of water taxis, which are electronically powered to eliminate noise and pollution, and can travel the canal from Wadi Walk to Mall of Arabia.
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