Business | Construction
Limitless invites phase two bids
Limitless, Dubai-based master developer with Dh367 billion development portfolio, on Tuesday said it has invited construction firms to bid for the second phase of earthworks on Arabian Canal, its $11 billion (Dh41 billion) waterway that will reshape part of New Dubai and add a 75-kilometre long waterfront for real estate development.
- Staff Report
- Published: 23:31 October 28, 2008
Dubai: Limitless, Dubai-based master developer with Dh367 billion development portfolio, on Tuesday said it has invited construction firms to bid for the second phase of earthworks on Arabian Canal, its $11 billion (Dh41 billion) waterway that will reshape part of New Dubai and add a 75-kilometre long waterfront for real estate development.
The contract will involve the excavation of around 300 million cubic metres of earth along an 8.5 kilometre stretch of the canal's route.
It follows the appointment last month of Abu Dhabi-based Tristar for phase one, where 100,000 cubic metres of earth is being moved each day and more than 200 million cubic metres will be excavated in total.
Ian Raine, who is the Project Director for Arabian Canal, said: "This is the second of around 10 packages that will be awarded for the excavation of our 75 kilometre waterway. Work is well underway on phase one."
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