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PACT FOR 30-YEAR OPERATIONS

An artist’s impression of the new community market.
Image courtesy: WAM

Abu Dhabi to build community market, service station

ABU DHABI, August 7, 2018

Abu Dhabi City Municipality has signed agreements with property developers to construct a community market in Mohammed bin Zayed City and a service station for residential districts at Al Shawamekh city.

Saif Badr Al Qubaisi, general manager of Abu Dhabi City Municipality, signed the agreements with Naji Hasan Al Harthi of Tristar Engineering and Construction Company for the construction of the community market project and with Salim Mohammed Mubarak Al Mansouri of Florida Property Development Company for the service station.
 
"These two projects are part of a full package of integrated projects and service facilities the municipality is intending to undertake in implementation of the vision of Abu Dhabi Government for bolstering the cooperation with the private sector. The projects will also step up the development drive and add to the new projects needed for delivering modern services to the community at world-class standards,” said Al Qubaisi.

"The partnership relationships with the private sector will contribute to the improvement of the attractive investment climate and the growth rates envisioned by Abu Dhabi Government.

 "The Department of Urban Planning and Municipalities – Abu Dhabi City Municipality is keen on cementing the relationships with the private sector, attract investments, improve services and introduce modern service facilities. The municipality will continue with its partners in the private sector the construction of investment, recreational and service project that bringing happiness to people such as Al Maqta Canal, highway rest areas, and service stations among other services improving the quality of life," added Al Qubaisi.

The contract provides for the construction and operation of a community market in collaboration with the private sector. The market comprises retail outlets, community facilities, government service counters for residential districts; bringing together community facilities, retail outlets and customer service elements. The agreement calls for Musataha (property rights) and operation for 30 years after two years for construction. The operation of the market is set to start in the final quarter of 2020.

The community market will be constructed at Sector Z 23, Mohammed bin Zayed City and span an area of 23,316 sq m. The floor area will be 13,989 sq m and the construction cost is estimated at Dh36 million ($9.8 million).

The service station to be constructed at Al Shawamekh city is part of the service stations at residential areas that cover the mainland. The project will be developed and operated with the private sector and offer a diverse cast of maintenance services that cover carpentry, repair services for household appliances, plumbing, electricity and air-conditioning services, tyre and auto parts trading, car repair and washing services, and many other services.

The contract for the construction of the service station is based on the principle of Musataha for 30 years, after three years of construction. The station is expected to start operation in the third quarter of 2021.

 The area of the land on which the station will be built is 5,585 sq m in Sector SHM9 in Shawamekh. The floor area of the project is 4,888 sq m, and the construction cost of the station Dh15.3 million. – TradeArabia News Service




Tags: abu dhabi | Florida | Tristar | Service Station | community market |

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