Sorouh awards AED 223 million bridge construction package to Nurol

Published April 25th, 2007 - 06:34 GMT

Sorouh Real Estate, Abu Dhabi’s leading real estate developer, has announced that it had awarded a AED 223m bridge contract to Nurol Construction and Trading Company. Nurol was selected from a list of 12 contractors and under the terms of the agreement now has 640 days to finish the construction of 13 bridges at the Shams Abu Dhabi project.

 

“We are delighted to have awarded this contract to Nurol because it was clear that we share the same spirit of innovation, “said Mounir Haidar, CEO, Sorouh Real Estate. “Their excellent reputation and experience is unrivalled and we have no doubt that their commitment to timely delivery will be honored,” Mounir continued.

 

In all, 13 bridges will be constructed across 4 Km of artificial canals which will run through the Shams Abu Dhabi Project in all four directions.  Each of the five neighborhoods Garden District, Central Park, Theater District, Marina District and Gate District which are slated for development will have a distinct style with the bridges complementing the overall aesthetic of each district. The bridges form part of the loop road bridging the open canals and the waterways. Moreover, they will carry and transport all utility duct banks including Gas, Power, District cooling etc…

 

Particular attention will also be paid by Nurol in regards to bridge aesthetic and lighting to create the appropriate design and lighting levels for safety whilst maintaining an ambience appropriate to each district.

 

“The concepts for the structures have been developed taking into account the visual impact of the structures. The objective is to create a sense of identity for each district by creating a distinctive visual appearance,” concluded Haidar.

 

The infrastructure work is proceeding entirely according to plan and no delays are anticipated. The development is expected to be completed by 2011.

 

Shams Abu Dhabi is Sorouh’s flagship project and is an AED 25Bn landmark development on Reem Island. A complete new city of 60,000, Shams Abu Dhabi will be a self sustaining city of Canals and Parks which integrates world-class master planning practices and extends the lush green of Abu Dhabi’s landscape.

 

About Sorouh Real Estate

Abu Dhabi based Sorouh was established on June 26, 2005 with a capital of AED 2.5 billion.  Today it is one of the largest real estate developers listed on the Abu Dhabi Securities Market with a market cap close to AED 6.9 billion. It is one of the most widely held issues with approximately 55,000 shareholders.

Sorouh's corporate vision is to "bring communities to life in perfect balance". Its real estate projects are master-planned and designed to meet the four core needs of human wellbeing: physical, intellectual, social and spiritual.  SOROUH employs in excess of 120 highly qualified professionals operating in the field of master-planning and master-development.

Sorouh’s now has around AED 50Bn of projects under development. These include:

Shams Abu Dhabi, Sorouh’s flagship project is an AED 25Bn landmark development on Reem Island. A complete new city of 60,000, Shams Abu Dhabi will be self sustaining city of Canals and Parks which integrates world-class master planning practices and extends the lush green of Abu Dhabi’s landscape.

The Gate District on Shams Abu Dhabi is a cluster of 6 towers located at the entrance to Shams, Abu Dhabi. Now architecturally renowned worldwide the AED 11Bn residential, office and retail development is designed as a Gateway to the Peninsula from Reem Island. The Gate District also includes the AD 2.2Bn 74 storey Sky Tower which will be a pinnacle of luxury for its residential and commercial occupants as well as Abu Dhabi’s tallest building when completed.

Lulu Island opposite the Abu Dhabi Corniche will be the City’s most prestigious and sought after district. Housing 45 – 50,000 residents 85% of whom will have sea views this AED 14.5Bn development will be one of the most beautiful places in the entire region

Sorouh has also the Golf Gardens overlooking the Abu Dhabi Championship Course, the Abu Dhabi Aviation Authority residential project, Al-Shamkha national housing project, the Tala Tower and Saraya on the Abu Dhabi Corniche. In its first venture outside the UAE Sorouh will also be involved in developing the 7,000,000 m Sq ft Bab Al-Bahr project in Morocco.

 

 

About Nurol
The NUROL GROUP was founded in Ankara, Turkey in the 60’s, and began its development in the construction sector. Long-term programs with innovative technologies, company organisation and performance, both in construction and trading fields, have advanced the GROUP plan structured growth both nation-wide and internationally.

The NUROL GROUP comprises of thirty-nine operating companies diversified into seven major areas of activity: Construction, Trading, Tourism and Hotel Management, Finance and Insurance, Machinery and Defence Industry, Food and Electronics.

NUROL CONSTRUCTION AND TRADING CO. INC. (“NUROL”), which is the nucleus company of the NUROL GROUP, was established in 1966, as a general international contracting company, and since that time the Company pursued large scale, hi-tech transnational projects.

© 2007 Al Bawaba (www.albawaba.com)