04 October 2023
04 October 2023
KAFD spans 1.6 million square metres, encompassing office space and luxury residencies.
The structure will be built near the Tuira school, with a pathway to connect the two buildings.
BDC will partner with the private sector and its specialists in order to build up the district's infrastructure.
The development will see the construction of Dubai's second opera, Azizi Opera.
The project is currently in its tendering stage, with construction works expected to begin in January 2024.
The company also has plans to build a headquarters and factory in North America by 2027.
Works will be executed in a phased manner to help avoid traffic congestion.
Four major intersections will be reconstructed along Hessa Street as part of the development.
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Infrastructure and Energy & Utilities sectors expanded in 2020 despite COVID-19 disruptions, which reflected the efforts by governments and public institutions to accelerate investment to stimulate activity. The recovery from the pandemic and the easing of restrictions allowed the resumption of work on major projects in 2021, and growth is set to remain strong in the coming years, particularly given major investment programs in the US and China.
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