Gulf Contractors Company gathers $54.4 million contract for Jubail Island

Jubail Island Investment Company (JIIC) has granted a continuing infrastructure works contract worth more than $54.4 million for Jubail Island to Gulf Contractors Company (GCC).

The tasks are part of the 18-month-long commitment to developing facilities required for the spare residential villages within Phase 1 of the $1.3 billion project – Nad Al Dhabi, Seef Al Jubail and Ain Al Maha.

A $21.7 million agreement for infrastructure works for the initial village and central loop road was earlier granted and declared in mid-December 2019. With overall infrastructure works on Jubail Island collectively amounting to approximately $163.3 million, JIIC validated that efforts worth $108.9 million are already initiated.

The GCC contract includes the development of over 47.5 kilometers of internal roads in Nad Al Dhabi, Seef Al Jubail and Ain Al Maha villages. Infrastructure development, including electricity, water, sewage, irrigation, telecom and gas networks, as well as street lighting is also included in the scope of the engagement.

Speaking on the announcement, Mounir Haidar, Managing Director of JIIC, said:

“Following the commencement of construction for the initial infrastructure works in early 2020, we are delighted to confirm the start of infrastructure works to complete the remaining Phase 1 villages on Jubail Island, demonstrating our dedicated commitment to on-time delivery of plots as early as Q3 2021.”

Mr. Haidar added: “Jubail Island has been designed as, and is destined to become, a premier lifestyle community in Abu Dhabi; providing unparalleled quality of life for discriminating residents who enjoy peaceful residential seclusion within a stones throw from the vibrant capital. Located within a 400-hectare, very low-density development, entwined within pristine natural environment, the community will also offer all of the amenities.”

Jubail Island is a dedicated freehold investment zone in Abu Dhabi that will contain a mix of serviced plots, high-end and mid-range properties as well as retail, office park and F&B outlets.

The construction will also include spacious and well-appointed outdoor areas, including parks, walking tracks, kayaking stations and cycling routes for nature lovers and water sports enthusiasts.