| Country |
: |
UAE |
| Project Value |
: |
USD 10,000,000,000 Estimated |
| Sector |
: |
Real Estate | Mixed Development |
|
Consultants |
: |
Foster and Partners
(Master Plan) |
Connell Mott MacDonald
(Infrastructure ) |
WS Atkins & Partners Overseas - Dubai
(Infrastructure Concept Design) |
|
PMCs |
: |
CH2M Hill
(Phase 1) |
Parsons Brinckerhoff Middle East
|
|
Contractors |
: |
Al Jaber Group - UAE
(Infrastructure) |
Soletanche Bachy
(Piling) |
| Profile Type |
: |
Contract Project
|
| Associated Projects |
: |
Contract (3) |
|
Phase: Construction - Execution
|
|
Completion: 2015
|
|
|
|
| Background |
The Abu Dhabi Future Energy CompanyAbu Dhabi Future Energy Company (ADFEC), also known as Masdar, plans to develop phase 1 of the Carbon Free City, an energy, science and technology green community in Abu Dhabi, between Khalifa City and Abu Dhabi International Airport. Phase 1 of the project includes the construction of Masdar Institute of Science and Technology (MIST) and Masdar's headquarters. Phase 1 will occupy a 130,000 sq. m. area, which represents around 6% of the Masdar Carbon Free City. Mott MacdonaldMott Macdonald is the infrastructure consultant Foster and PartnersFoster and Partners is the master plan consultant, Atkins is the infrastructure concept design consultant, and Parsons Brinckerhoff and CH2M HILL are the project management consultants. |
| Expected Events |
| Schedule |
Contract Phase/Phase |
Description |
| Q3 2012 |
Construction | MIST expected to be completed
|
| Q3 2013 |
Completion | Swiss village expected to be completed | | 2015 | Completion | Project expected to be completed
|
|
| Latest Events |
In February 2012, the bids for the main construction contract of masdar headquarter were under evaluation, design of the swiss village was ongoing and construction of phase 1B of MIST was ongoing. In Q3 2012, the MIST is expected to be completed. In Q3 2013, the Swiss village is expected to be completed (delayed from Q1 2012). In 2015, the project is expected to be completed. |
| Previous Events |
In November 2011, Masdar headquarter was put on hold and phase 1A of MIST was completed. In December 2010, the construction of phase 1 B of the MIST started. In November 2010, the construction contract including the MEP works for phase 1B of the MIST was awarded to Arabian Construction CompanyArabian Construction Company . In 2010, the infrastructure works were completed. In May 2009, Al JaberAl Jaber started the enabling and foundation works for the Masdar Headquarters. In January 2009, the USD 1.6 billion infrastructure contract was awarded to Al JaberAl Jaber Group. In June 2009, the infrastructure consultancy contract was awarded to Mott MacdonaldMott Macdonald . In Q4 2008, the construction of phase 1 A of the MIST started. In August 2008, the construction contract including MEP works for the phase 1A of the MIST was awarded to the joint venture of Al Ahmadiah ContractingAhmadiah Contracting and Trading Company and Hip Hing Construction Company. In April 2008, the piling contract was awarded to Soletanche Bachy. In June 2007, the master plan contract was awarded to Foster and PartnersFoster and Partners . In 2006, the project was launched. |
| Scope of Work |
Construction of 46,000 sq. m. educational complex; Masdar Institute of Science and Technology (MIST) including: - An institute (MIST) - Research and laboratory facilities - Residential units - Retail outlets Construction of 7-floor Masdar Headquarters including a conference center and related facilities. |
| Financing Source |
In September 2009, Masdar announced that it is seeking financing for phase 1 in the range of USD 300 million to USD 600 million over a period of seven years from Q1 2010. |
| Contract Packages |
|
| Project News |
|
|
| Schedule | Contract Phase/Phase | Description |
| 2006 |
Announcement | Project launched
|
| Jun 2007 |
Design | Master plan contract awarded to Foster and PartnersFoster and Partners
|
| Apr 2008 |
Construction | Piling contract awarded to Soletanche Bachy
|
| Aug 2008 |
Construction | Construction contract including MEP works of phase 1 A of the MIST awarded to the JV of Al Ahmadiah ContractingAhmadiah Contracting and Trading Company and Hip Hing Construction Company
|
| Q4 2008 |
Construction | Construction of phase 1 A of the MIST started
|
| Jan 2009 |
Construction | USD 1.6 billion infrastructure contract awarded to Al JaberAl Jaber Group
|
| May 2009 |
Construction | Enabling and foundation works for Masdar Headquarters started by Al JaberAl Jaber Group
|
| Jun 2009 |
Consultant | Infrastructure consultancy contract awarded to Mott MacdonaldMott Macdonald .
|
| 2010 |
Completion | Infrastructure works completed
|
| Nov 2010 |
Construction | Construction contract including MEP works of phase 1 B of the MIST awarded to Arabian Construction CompanyArabian Construction Company
|
| Dec 2010 |
Construction | Construction of phase 1 B of the MIST started
|
| Oct 2011 |
Completion | Consturction of phase 1A (MIST) completed
|
| Q3 2012 |
Construction | MIST expected to be completed
|
| Q3 2013 |
Completion | Swiss village expected to be completed
|
| 2015 |
Completion | Project expected to be completed
|
|
|
Key:
Master Project
Package Project
Contract Project
|
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 |
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