Emirates Industrial Cities (EIC) has awarded a contract worth AED 400 million to a local company to start construction of the first phase of Warehouses City, Al Hanoo - the main developers of EIC, with an investment of AED5 billion - has confirmed.
According to the contract, the company will be responsible for the construction and development of Warehouses City, located within District 8 of the EIC project.
Speaking of the contract, Sheik Abdullah bin Fahid Al Shakrah, Chairman of Al Hanoo Holding and EIC, said: "Al Hanoo is committed to implementing technical policies and industrial safety procedures of the highest standard to guarantee the safety of the individuals, goods and storage places in EIC. We are confident that the work carried out by the company we have appointed for the construction of Warehouses City will adhere to the same high standards throughout."
The safety measures for Warehouses City include fire fighting systems and water sprinklers adopted by the Civil Defense Department, in addition to multiple entries and exits within the project site. The design for all warehouses also incorporates thermal isolation technology.
Al Hanoo recently finished developing the infrastructure for EIC and has installed all basic services, such as water and electricity grids, gas pipes and communications services, at a total cost of AED 1.5 billion. Al Hanoo has also set up a wide network of 25-70 metre paved roads to ensure easy traffic flow in and around the city, in addition to a network of 100 metre roads surrounding the city to deal with traffic loads and heavy duty vehicles.
Phase one of the development works of EIC, currently at 50%, is expected to be completed in Q4 of 2009.
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About Al Hanoo
Right from the days of its inception in 1972, Al Hanoo Holding Company has been committed towards the development of the property sector in KSA and many other neighbouring countries.
Besides properties, Al Hanoo Holding Company has also founded subsidiary companies that have a strong presence in Contracting, Gas and Electricity networks installation, Agriculture, Trading, and many other developing sectors. This diversified approach is what makes Al Hanoo a pioneer and an integral facet in the economic hub of various countries in the world.
About Emirates Industrial city
Based in Emirates Industrial City project, Emirate Industrial City is a joint-stock company between Al Hanoo Holding, Abudullah Al Zamil Co., Muhammad Abdul Aziz Co., Al Saeedan Properties and Kal Development. The Company specializes in industrial cities' development and Real Estate. It had made itself a powerful presence in the market through Emirate Industrial City project located in Sajaa, Sharjah, on the road between Dubai and Rak. This project covers an astounding 38,000,000 square feet, with strategic location having direct access to important free zones, highways, air, land, and marine ports, and import-export corridors, in addition to being surrounded by a 100 meter wide-road, offering easy access to the project. The project will also feature lots of exclusive amenities. The company has implemented a wide range of services and facilities in the project, making it a brilliant example for industrial cities in the future; moreover, the project has made big rewarding revenues. The project, with complete infrastructure, is an industrial one, which investors have made big success by choosing it.
For further information, please contact:
Mustafa Al Khafaf
SAHARA PR
Tel: +971 4 3298996
Fax: +971 4 3298995
E-mail: mustafa@saharagcc.com
© Press Release 2009
