Palm projects on schedule, says Azizi Investments |
|
Azizi InvestmentsAzizi Investments
yesterday said none of its projects at the Palm Jebel Ali has been scaled down and work will continue as scheduled. The company made this clarification following an announcement by Nakheel that some projects in Palm Jebel Ali would be scaled down.
Azizi InvestmentsAzizi Investments
has five projects at the Palm Jebel Ali. According to Merwiss AziziAzizi
, Founder and Chairman of Azizi InvestmentsAzizi Investments
, the concept design of Azizi Crystal at Crescent A of the Palm was approved last week. In a statement yesterday the company said, "Azizi InvestmentsAzizi Investments
' Palm Jebel Ali developments are there on Crescent A and Crescent E, where work by Nakheel is "continuing as planned". "The land will be handed over to us by the master developer next year. We are expecting Crescent A by February or latest by March and are planning to start construction work by April. We are calculating 24 months for the actual construction to be complete," said a company spokesperson.
The land in Crescent E will be handed over only by the third quarter of 2009.
Azizi InvestmentsAzizi Investments
' projects on Palm Jebel Ali are Azizi Fontanne, Azizi Diamond, Azizi Crystal and Azizi Platine on Crescent A, and Azizi Onyx on Crescent E. According to the company, it is committed to delivery of every project on schedule. "Our clear focus is on quality of design, quality of build and outstanding customer service. While we understand the need for Nakheel to scale back its projects in the current economic climate, we are very pleased that this does not affect our progress," the company said.
"We are also moving forward with our projects at Al Furjan and Mina Rashid, other Nakheel projects which also remain unaffected," it added.
The company however said the Dh3.5 billion construction contract for the 12 plots it owns at Al Furjan would be awarded soon.
Speaking to Emirates Business during Cityscape, Vice-Chairman Furhad AziziAzizi
had said the contract would be awarded by November. "Negotiations are on and is at the final stage with contractors. We will be announcing the contract soon," said a company spokesperson .
The company is negotiating with Arabtec, which is already working on the Al Furjan project and other contractors such as Al Shafar General Contracting and Al Naboodah.
Soil testing and piling work for the project is already complete.
© Emirates Business 24/7 2008
Community Comments (0) -
Comment on this article 
The opinions of the authors expressed herein do not necessarily state or reflect Zawya. Read our Comment Policy.
Zawya Comment Policy:
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Community Buzz
Stories
Companies
Most viewed companies by Community in the last 24 hrs
| Company Name | Country | Industry |
| Consolidated Contractors Company | Overseas | Construction and Design |
| Saudi Binladin Group | Saudi Arabia | Construction and Design |
| Nissan Motor Egypt | Egypt | Transportation Products |
| Saudi Telecom | Saudi Arabia | Telecommunications Services |
| Dodsal Engineering and Construction | UAE | Construction and Design |
| Ministry of Health - Saudi Arabia | Saudi Arabia | Ministries and Municipalities |
| Abu Dhabi Municipality | UAE | Ministries and Municipalities |
| KIA Motors Saudi Arabia | Saudi Arabia | Transportation Products |
| Roads and Transport Authority - Dubai | UAE | Regulatory and Administrative Bodies |
| Al Rashid Trading and Contracting Company | Saudi Arabia | Construction and Design |
Projects
Most viewed projects by Community in the last 24 hrs
| Project Name | Country | Sector |
| Ras Girtas Power Company - Ras Girtas IWPP | Qatar | Power and Water |
| IGD - Gasco - Habshan 5 Gas Processing Plant | UAE | Oil and Gas |
| Emirates Aluminium (EMAL) - Smelter Complex | UAE | Industry |
| SATORP - Jubail Refinery and Petrochemical Complex | Saudi Arabia | Oil and Gas |
| Takreer - Ruwais Refinery Expansion | UAE | Oil and Gas |
| Qatar Foundation - Sidra Medical and Research Center | Qatar | Real Estate |
| Aramco/Dow Chemical - Ras Tanura Integrated Refinery and Petrochemicals Complex | Saudi Arabia | Oil and Gas |
| Dubai RTA - Dubai Metro | UAE | Infrastructure |
| Abu Dhabi Ports Company - Khalifa Port and Industrial Zone (KPIZ) | UAE | Infrastructure |
| Dubai RTA - Dubai Metro - Purple Line | UAE | Infrastructure |





Loading ...