Rakeen to commence Phase Two of infrastructure work on Al Marjan Island in August 2009
Rakeen, one of the region's most dynamic property developers and master planners, announced that it is all set to commence in August this year Phase Two of the infrastructure work on Al Marjan Island, the first-of-its-kind man-made island in Ras Al Khaimah, after awarding the contract to Rizzani. Rakeen further revealed that Phase Two of infrastructural work, which will be completed in 18 months, will cover Island 3 and Island 4 of Al Marjan and will cost AED 365 million.
The infrastructure work will cover facilities for electricity, water, drainage, telecommunications, soft and hard landscaping, channel crossings, street lighting and fire fighting installations. Phase One of the infrastructure work, which covers the Peninsula, Island 1 and Island 2, was started in July 2008 and is expected to be completed in June 2010 at a cost of AED 366 million.
Dr. Fawzi Shadid, Infrastructure Manager, Rakeen, said: "It is our top priority to fast-track the completion of infrastructure work as various projects that are being built on Al Marjan are dependant on the infrastructure facilities. With Phase One of the infrastructure work progressing well on schedule, we are now fully prepared to commence work on the second phase after we identified the Contractor for the job. We have thoroughly reviewed all aspects of the infrastructure work to ensure that all elements comply with our strict quality standards, particularly with regards to sustainability and minimal environmental impact. Rakeen has addressed all relevant construction issues to ensure that Al Marjan Island will be a true lifestyle haven for citizens and residents of Ras Al Khaimah."
Herbert Krause, Director of Development, Rakeen, said, “This project means a lot to everyone at Rakeen and in Ras Al Khaimah, as it is pioneering in so many ways: building technology, environment and marine ecology, tourism and hospitality, residential exclusivity, leisure and sports facilities, and also because it enhances the skyline and the international image of the emirate.”
Al Marjan Island is a pioneering development project that effectively extends the emirate's coastline by an additional 21 kilometres. Reaching some 4.5 kilometres into the sea, Al Marjan Island will feature a range of residential developments, hotels, resorts, recreational facilities and commercial and retail amenities.
© 2009 Al Bawaba (www.albawaba.com)
- Rakeen completes 80 per cent of infrastructure work on Ras Al Khaimah's Al Marjan Island
- Rakeen completes structural work and block work on Bab Al Bahr
- Work commences on Marjan Island La Hoya Bay Residence project
- Rakeen signs mortgage financing agreement with Bank of Baroda for Bab Al Bahr project
- Rakeen to launch Al Marjan Island at Cityscape 2007