By end-May or June 2014, Deyaar Development, a Dubai-based developer expects to tender the main contract for its newly launched The Atria project in Business Bay.
Kuwaiti government officials will meet in the next few days to prepare projects list for the upcoming 2014-2015 budget and to ensure their timely execution, according to media reports on Sunday.
A USD 82 million (AED 300 million) construction tender for Pacific Village, a project in Dubailand, will be issued in the coming week, according to a senior official from the company.
Sheth Estate International Limited, a real-estate developer, has officially canceled three projects valued at USD 327 million (AED 1.2 billion) in Dubai.
The national project will provide an alternative to petrochemical raw resources and will involve cooperation among three ministries.
The project passes through four governorates and will be the company’s second train venture with Iraq.
New tenders would be issued later for the management and operation of more wharfs in Umm Qasr, said the director at Ports Authority.
The new seven-star hotel will boost the country’s tourism sector and will be offered to investors by end-2014.
The last date of tender submission has been extended to 11 March from 4 March, 2014.
More investments are planned for the additional two phases of the car assembly plant.