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ICT awards construction contract for residential project in Abu Dhabi

United Arab Emirates: Sunday, April 19 - 2009 @ 12:18

The project will encompass 170 three and four bedroom villas, as well as a broad range of amenities for the residents including a clubhouse and swimming pool, two playgrounds, a mosque, a multi-purpose hall, parking and landscaped public areas.

“This is a key project for ICT and reinforces our commitment to the economic development of our Emirate,” said Haytham D. Haidar, Chief Operating Officer of ICT. “It reaffirms our belief in the core fundamentals of the Abu Dhabi Economy. Despite the challenges of the current global situation, we are confident that the long-term rental market in Abu Dhabi is robust, providing good returns to investors.”

Haidar explained that locally based Pivot was selected because of its track record in the construction of sizeable projects in Abu Dhabi, and the company’s consistent ability to deliver within commercial parameters.

ICT is an active partner in the emirate’s development, working with the Abu Dhabi Urban Planning Council and other government entities.

“Our work with Urban Planning Council is vital as it ensures that everything we do is in line with Plan Abu Dhabi 2030 guidelines and that we deliver quality, sustainable and environmentally friendly residential units to the inhabitants and the community,” said Haidar

Sustainability is a key principle for all ICT’s projects, explained Haidar, adding that every initiative is carefully evaluated to ensure that it meets the highest standards of conservation, sustainability and efficiency.

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Sunday, April 19- 2009 @ 12:18 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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