Dubai – Mubasher: Damac Properties said Wednesday that it has awarded 285 construction and consultancy contracts worth AED 5.25 billion across the GCC and UK during the first eight months of 2016.
The awarded contracts cover the public realm landscaping in AKOYA by DAMAC, villas at both AKOYA by DAMAC and AKOYA Oxygen as well as infrastructure and the Golf course construction at AKOYA Oxygen, according to a statement.
To execute these works, DAMAC Properties has appointed some of the industry’s major names such as China State Construction Engineering, Al Arif Contracting LLC, Ghantoot Gulf Contracting, KEO International Consultants, LACASA Architects and Engineering Consultants and other companies.
“AKOYA by DAMAC continues to make great progress with the Golf course completed and the handover of 1,350 villas and apartments this year, DAMAC Properties’ Managing Director, Ziad El Chaar, said.
“In AKOYA Oxygen, seven main contractors have been appointed so far and the construction of 6,380 villas is in various stages of development, with many reaching level one. The Golf course works are under progress while the backbone infrastructure contract is awarded and works commenced,” he added.
During Global 2016, the company also announced five new project launches including the new phase of AKOYA Imagine 3-bedroom villas targeting millennials, the new 4-bedroom AKOYA Cuatro Villas, The Residences at AYKON City, AYKON Hotel & Hotel Apartments at AYKON City as well as the XV Villas at AKOYA by DAMAC.
