CSCEC wins Deira Waterfront Development project contract
China State Construction Engineering Corportion (CSCEC) has secured a construction contract worth Dh430 million $120 million from Deira Waterfront Development fo its key project in Dubai.
The CSCEC will develop Plot 9 and 10 in the Phase One of Deira Waterfront Development located along Al Rasheed Road, in close vicinity of some most famous local scenic spots, such as Dubai Museum and Gold Souk, according to the deal.
The project’s master plan envisages the expansion of the Deira Waterfront in two phases. The plan includes many new retail spaces, from shops to storage areas, and a strip of restaurants and retail stores along the creek, creating a bustling promenade with a range of hotels.
Besides, the project will boast community components such as plazas, park, bicylcle routes and transportation hubs. The existing retail shops, hotels, commercial zones, parking garages and storage areas will also be improved to fit the description of a mixed use development.
The major scope of work includes structural mechanical, electrical and plumbing fitting out landscaping as well as other related external auxiliary works. The mega development spans over 5 km of waterfront. It is located in the northern part of Deira District, facing the Deira Islands.
Fulya [email protected]@realestatecoulisse.com