Business | Property
Dhabi Contracting wins bid for Wadi Walk development
The Ilyas and Mustafa Galadari Group, owners of City of Arabia, the $5 billion (Dh18.3 billion) retail, residential, commercial and entertainment destination in Dubailand, has appointed Dhabi Contracting as the main contractor for its Wadi Walk project.
- Staff Report
- Published: 23:02 July 12, 2009
Dubai: The Ilyas and Mustafa Galadari Group, owners of City of Arabia, the $5 billion (Dh18.3 billion) retail, residential, commercial and entertainment destination in Dubailand, has appointed Dhabi Contracting as the main contractor for its Wadi Walk project.
Dhabi Contracting won the contract to build the city's Mediterranean-style low-rise apartments and waterfront community after outbidding four other companies.
With soil testing, excavation and shoring works already complete, Dhabi Contracting is now mobilising on site, and is commencing foundation works for the project.
Ilyas Galadari, chairman of the Ilyas and Mustafa Galadari Group, said: "We are excited to announce Dhabi Contracting as the main contractor for Wadi Walk. We are confident with our decision as they are a skilled team who will deliver the project at the highest standard."
Mustafa Galadari, vice-chairman and managing director of Ilyas and 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."
"This contract agreement is a continuation of our relationship with the Ilyas and Mustafa Galadari Group, and we are all excited to see Wadi Walk come to life."
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.
The development is also designed to restrict traffic flow, with cars and other vehicles diverted to the rear of the apartment buildings where there will be ample parking space for residents, shoppers and diners.
Visitors arriving via the Dubai Metro can transfer quickly to City of Arabia's own monorail system, for a short onward journey to other destinations within City of Arabia.
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