Abu Dhabi prequalifies bidders for KU students' hostel project
ABU DHABI, May 11, 2023
Abu Dhabi Investment Office (ADIO) has announced that it has prequalified five bidders for a new project linked to the construction of accommodation and associated facilities for 3,250 students of Khalifa University (KU) in the UAE capital.
Of these bidders, Vision International Investment Company and Aldar Properties are eyeing the project as a consortium, while the rest of the private firms are bidding on their own. These are:
•NV Besix SA, a Belgian-French construction group based in Brussels;
•Plenary Group Holdings, a leading investor and developer of infrastructure projects based in Australia;
•Aberdeen Investcorp Infrastructure Investments Manager, a leading UK-based group;
•Tamasuk Holding Company, a diversified infrastructure development company in KSA; and
•Alghanim International General Trading and Contracting, a Kuwait-based EPC contractor.
Pre-qualified bidders will now be invited to participate in the next stage of the procurement process and submit detailed proposals in response to a request for proposal (RFP).
A government entity responsible for attracting and facilitating investment in the emirate, ADIO said this was the emirate’s latest tender being implemented on public-private-partnership (PPP) model.
This project is being procured in accordance with the PPP Law and is aimed at expanding the role of the private sector in delivering public sector infrastructure and services, it added.-TradeArabia News Service
