BIC Contracting (BICC) has secured the first infrastructure package, worth AED103m ($28m), from real estate developer ARADA for Phase 1 of Sharjah megaproject, Aljada, as part of the AED1bn ($272m) infrastructure package for the 24 million ft² project designed by engineering contractor Jacobs.
The scope of work includes construction of power, water and communications networks, in addition to landscaping and building roads.
BICC will begin work immediately and complete it by October 2019.
Phase 1 of Aljada comprises 14 apartment buildings, totalling 1,300 units, and more than 100 townhouses and semi-detached villas, and is scheduled to be completed by the end of 2019.
Construction has already begun, with contractor MBCC building the first four apartment blocks in the AED24bn ($6.5bn) project.
BICC, formerly HLG Contracting, has worked on several important projects in the Middle East, including the expansion of Dubai International Airport, Zayed University in Abu Dhabi and the Burj Al Arab.
BICC is part-owned by Australia’s CIMIC Group, which is involved in infrastructure, mining, services and public private partnerships.
ARADA chairman Sheikh Sultan bin Ahmed Al Qasimi said: “Infrastructure is the backbone of any successful real estate development, and as a result ARADA is very pleased to be working with BICC, a high-calibre company with a strong track record in this area. We are confident that they will execute this critical work to the very highest standards.”
Launched in September 2017, the Aljada residential community will be delivered in phases starting in 2019. The entire project is expected to be completed by 2025.
The Aljada masterplan has been designed with walkability and wide green spaces in mind. It has good connectivity to surrounding areas, and comprises retail, leisure and entertainment options, in addition to residential and commercial offerings.
ARADA has announced that Sharjah’s first smart homes will be based in Aljada. In April, the company announced the launch of East Village, a 15-building community targeting the younger generation, which constitutes Phase 2 of Aljada.
It has also signed an agreement with Emaar Hospitality Group to bring three new hotels, The Address Aljada Sharjah, Vida Aljada Sharjah and Rove Aljada, to the megaproject.
BICC CEO and managing director Moustafa Fahour said: “This project is well suited to BICC’s expertise in delivering high-quality infrastructure for marquee projects in the Middle East region.
“Aljada is a project that represents Sharjah’s future, and we’re proud to be working with ARADA to help bring this destination to life.”
Image: ARADA awards first tranche of AED1bn Aljada infrastructure package to BIC Contracting. Photo: Courtesy of ARADA Developments LLC.