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27-10-18
Abu Dhabi waterfront project initiates construction works
(MENAFN) Abu Dhabi commenced its construction works of its 18-hectare waterfront Makers District, which is valued at USD540 million.
Real estate developer Imkan confirmed in a statement the launch of the first mixed-use project on Reem Island.
Imkan assured that works on the project are on track, with an expectation to be concluded as schedule by the last quarter of 2020.
The company further announced Dutch Foundation to have concluded all 938 secants of shoring, initiating 5 metres of excavation work in Pixel.
"We are truly proud of the progress we are making on this project as we continue to work with the best in the industry," Imkan CEO Walid El-Hindi stated.
The CEO added "we are committed to achieving timely milestones across our portfolio and Pixel is no exception. The development validates our priority to enrich the UAE's residential and commercial landscape through setting a new benchmark for community-living."
MENAFN2710201800450000ID1097626906
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