|09 April, 2019

Al Ali Construction wins $148mln contract for RAK resort

The construction work is scheduled to be completed in the first quarter of 2021

RAK AMI Hotel awards construction contract for M?venpick Resort Al Marjan Island to Al Ali Construction & Development LLC

RAK AMI Hotel awards construction contract for M?venpick Resort Al Marjan Island to Al Ali Construction & Development LLC

Marjan / Handout via Zawya

Abu Dhabi – Mubasher: RAK AMI Hotel, a Ras Al Khaimah-based company responsible for developing and managing hotels, on Tuesday announced that it has awarded Al Ali Construction & Development a contract for constructing M?venpick Resort Al Marjan Island.

The construction works of the AED 543 million resort development is scheduled to be completed in the first quarter of 2021, RAK AMI Hotel said in a statement.

Located centrally in Al Marjan Island, M?venpick Resort Al Marjan Island will have 418 rooms including 95 suites and family rooms and 28 chalets, in addition to a range of lifestyle amenities.

The new hotel is being developed in line with the highest standards of environmental sustainability with a focus on energy and water use efficiency, and it will also incorporate green building principles, the statement added.

“As the first project under RAK AMI Hotel, the resort will enhance the choices offered for our visitors. The choice of rooms and amenities will make the resort highly desirable for families. Al Ali Construction has proven experience in delivering world-class projects and we look forward to the completion as per schedule,” Abdulla Al Abdouli, Chairman of RAK AMI Hotel, commented.

It is worth noting that Al Marjan Island has over 1,600 operational five-star hotel keys, including Rixos Hotels, Hilton Hotels & Resorts, and Accor Hotels brands, along with more than 2,000 residential units including Bab Al Bahar residential and Pacific by Select Group.

On Monday, Ras Al Khaimah-based real estate development company Marjan announced that it would display a raft of property and hospitality investment opportunities at the Arabian Hospitality Investment Conference (AHIC) 2019.

Source: Mubasher

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