Aldar Properties has awarded a Dh235 million ($64 million) contract for marina landside facilities at Yas Island Development in Abu Dhabi to Cebarco-WCT, a unit of Malaysia-based WCT.

A joint-venture company of WCT, Cebarco-WCT said the work is expected to be completed by the fourth quarter of 2009.

Under the build-only contract, the entire construction cost will be borne by Aldar while Cebarco-WCT will receive advance and progress payments as work progresses, said a company official.