ABU DHABI 24 April 2017: Musabbah Mubarak Al Murar, Acting General Manager of Abu Dhabi City Municipality (ADM), signed two agreements with Emak Investment Group for the construction of two slipways for boats at Al Bahya and Al Sadr cities on the closing day of Cityscape 2017.
He also signed a third agreement with Corner Stone Property Management for building a Community Market at Al Raha Parks.
This project is part of plans by Abu Dhabi Government to enhance co-operation and integration with the private sector, especially in economic development, upgrading public facilities and undertaking new projects. Such projects will enable the delivery of modern services with excellent standards, while carrying out the Abu Dhabi Plan 2030.
ADM is undertaking seven Community Market projects.
“The total cost of the three projects amounts to Dh60 million, and each project needs about two years for completion. These projects are constructed according to the BOT (Build, Operate, Transfer) model and the Musataha base, with an investment period extending to 20 years,” he added.
“The community needed a slipway for their boats and ski jets in Abu Dhabi city. We were keen to engage the private sector in developing and operating slipways at Al Sadr and Al Bahya. The project includes dry docks for boats, marina, supporting retail outlets and a four-star hotel to enhance the experience of sea cruisers, at the same time generating a source of sustainable income for the project,” he added.
Commenting on the Community Market project at Khalifa City, Al Murar explained, “It includes building a market that will be operated by the private sector. It will have retail outlets, community facilities and government service facilities for the residents. It realises the municipality’s three-in-one concept, namely integration of community facilities, retail outlets and customer services for serving the residential districts in Abu Dhabi Mainland and Island. The project will be constructed in two years over an area of 2,700 square metres at a cost of Dh15 million.”
By Rajive Singh