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Aldar awards Trojan Yas Acres 462 m contract

Aldar Properties has awarded Trojan General Contracting with a AED 1.7bn ($462mn) main contract for the first three precincts of its flagship development on Yas Island – Yas Acres.

The contractor will mobilise on site immediately as it works on all infrastructure, 652 villas and townhouses, the golf course, golf club house, mosque, retail and community clubs.

This follows the recent completion of the early works package, with Yas Acres recently surpassing its first construction milestone of 10 percent completion.

The main package will be delivered over a period of 32 months, and across the three precincts launched thus far.

Aldar is committed to handing over the first homes in Yas Acres to purchasers at the end of 2019. The development comprises a total of 1,315 homes, a golf course, schools, retail, and other leisure amenities.

Talal Al Dhiyebi, Chief Development Officer, Aldar Properties, said: “We are pleased to award the main contract for the first three precincts of Yas Acres, our flagship development on Yas Island, as we continue to focus on its timely completion, and delivery to customers.

“With the mobilisation of the contractors we expect to see highly visible progress as these precincts of villas and townhouses start construction.”

 

FACTS & FIGURES

Trojan General Contracting owns multinational team of close to 5,000 highly qualified technical personnel of which 250 are currently based in overseas supported by plant logistics worth over AED 2 million

Concluded the year 2016 with a record turnover and expects year on year growth of 30% in 2017

Nakheel has awarded a contract worth Dh819 million to Trojan General Contracting and National Projects & Construction LLC for the construction of The Palm Tower

Nakheel awards Dh830 million contracts to Trojan for Nad Al Sheba community

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