Alba Tec Wins Marfa Port Development Contract (UAE)
- Business & Finance
ADPC, the master developer of ports and industrial zones, has awarded an AED 20 million contract to “Alba Tec Construction and Development”, a construction company specialized in pre-engineered building, to manage the second phase development of Marfa Port in the Al Gharbia Region of the Abu Dhabi emirate.
Akram Chalich, Managing director of “Alba Tec Construction and Development”, and Capt. Mohamed Juma Al Shamisi, CEO of ADPC, met at ADPC’s headquarters to formally seal the agreement and sign the contract.
The development work in Marfa Port has been split into two phases. The first phase of development represented an investment approximately of AED 17 million, this together with the second phase will total an investment of more than Dhs40 million.
Commenting on the signing of the contract, Capt. Al Shamisi said: “The development of Marfa Port is one of our most important projects in the Al Gharbia region. Established in the 1970s, Marfa has been a fishing port and a location for pearl diving. It is a beautiful location for tourism and substantial development is planned for the area, as part of the 2030 Economic Plan. The investment in port facilities and improved infrastructure will support and facilitate this development in the years ahead.”
Akram Chalich, Managing director of “Alba Tec Construction and Development”, added: “I would like to take this opportunity to thank ADPC for awarding Alba Tec this, the second phase of the design, build and development of Marfa Port. We are committed to delivering the project on time and to the highest quality standards. All of the buildings will be sustainable, meeting the ESTIDAMA Pearl 2 rating standards using green materials and saving energy. It is Alba Tec’s great honour to be part of ADPC’s development and investment project at Marfa, and to support the UAE’s wider tourism and commercial goals as part of the Abu Dhabi 2030 Economic Plan.”
The first phase of development which is almost 95% complete focused on improving the port facilities.
Press Release, June 11, 2014