ABU Dhabi's Jubail investment company solicited bids from Chinese companies

2021-07-30
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Industry: Construction Region: United Arab Emirates Transaction price: $1 million Transaction method: equity financing

Brief introduction:

The contract is part of the First phase of the 18-month residential project under the Dh5 billion Jubail Island project plan. An DH80m infrastructure contract (village and central ring road) was awarded in December last year.

The accumulated contracts for infrastructure projects on Jubail Island are close to DH600 million, of which dh400 million projects are under way.

Jubail Island is a specific freehold investment zone that includes service lots, high-end and mid-range real estate sales, office parks, food and beverage establishments, and more.