- Bauer International FZE to undertake piling and enabling works of the new integrated resort on Al Marjan Island for joint partners Marjan, RAK Hospitality Holding and Wynn Resorts
RAS AL KHAIMAH: Marjan, in partnership with RAK Hospitality Holding and Wynn Resorts, Limited, has announced the appointment of two contractors to undertake integral construction works of the integrated Wynn Resort set to open in Ras Al Khaimah early 2027.
ALEC Engineering and Contracting LLC (ALEC), part of the Investment Corporation of Dubai (ICD) and experienced in the construction of complex and iconic projects across diverse sectors, was awarded the main contract for the construction of the integrated resort development. Bauer International FZE, the German foundation specialist, will undertake the piling and enabling works.
Bauer has begun construction preparation on the project site, located on the man-made Al Marjan Island, the flagship project of master developer Marjan. With a growing portfolio of bold and ambitious hospitality and leisure attractions, the cluster of four coral-shaped islands is emerging as a truly world-class lifestyle and waterfront destination in the region.
The integrated resort development on Al Marjan Island is the largest project of its kind in the Emirate's growing hospitality sector. Offering a pristine setting with spectacular views of the Arabian Gulf as well as sandy beaches and a marina, the project is the first in the MENA region by Wynn Resorts, the US-based developer, designer and operator of luxury integrated resort experiences.
Eng. Abdulla Abdooli, Chief Executive Officer of Marjan, said: “To fulfil and surpass the expectations of investors and all our stakeholders, we have teamed up with the best-in-class partners for the timely completion of a project that is the largest of its kind in the Emirate's growing hospitality sector. Well-known for their cross-sector capabilities and expertise in building landmark projects, the appointment of ALEC Engineering and Contracting LLC and Bauer International FZE will ensure the timely completion of the integrated Wynn Resort, that is set to further catalyse Ras Al Khaimah’s booming tourism market.”
Attracting significant foreign direct investments, the new integrated resort highlights Ras Al Khaimah’s growing global reputation as a leading investment destination for high-quality hospitality projects. The integrated development features a 1,000+ room hotel, high-end shopping mall, a state-of-the-art meeting and convention facility, an exclusive spa, more than 10 restaurants and lounges, a wide array of entertainment choices, gaming area, and other amenities. Investments in the project will further enrich the local economy and accelerate tourism, create new job opportunities, and energise the growth of allied sectors.
Marjan is the master-developer of freehold property in Ras Al Khaimah (the GCC Tourism Capital), responsible for path-breaking developments aimed at positioning Ras Al Khaimah as one of the region’s leading tourism and investment destinations. Mandated with developing waterfront, urban and mountain destinations that will add to the competitiveness of the emirate, Marjan’s strategic master-planning approach is to leverage Ras Al Khaimah’s natural assets and lay the foundations of the emirate’s future expansions. Through its world-class master-planned communities in Ras Al Khaimah, Marjan attracts foreign investment as well as international visitors and positions the emirate as a strong investment and tourism hub.
About Wynn Resorts
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts designed, owns and operates Wynn Las Vegas (wynnlasvegas.com), Encore Boston Harbor (encorebostonharbor.com), Wynn Macau (wynnmacau.com), and Wynn Palace, Cotai (wynnpalace.com).
About RAK Hospitality Holding (“RAKHH”)
RAK Hospitality Holding is an integrated hospitality and leisure company, owning, operating and asset managing a diverse portfolio of hotels, hospitality and leisure assets. Its activities include hotel development and ownership; logistics and the provision of both hospitality accommodation and transportation; asset management and advisory; and development and operation of leisure and entertainment assets.
For Marjan and RAK Hospitality Holding
For Wynn Resorts
Michael Weaver, Wynn Resorts