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Damac Properties awards AED 72m contract at AKOYA Oxygen

Damac Properties awards AED 72m contract at AKOYA Oxygen
CSCEC will execute a slew of works
Damac
DAMAC
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Dubai – Mubasher: Damac Properties has awarded China State Construction Engineering Corporation (CSCEC) an AED 72 million construction contract for road and infrastructure works at its 55 million-square-foot community AKOYA Oxygen.

Under the contract, CSCEC will execute a slew of works at Victoria, Avencia, and Amargo clusters, which comprise 1,623 villas, according to a company statement.

“This latest contract award to CSCEC will see major road and infrastructure work being carried out at three clusters within AKOYA Oxygen, providing access and services to support 1,623 villas,” general manager of operations at Damac Properties Ali Sajwani commented.

Located off the Umm Suqeim Road extension, AKOYA features homes made up of energy efficient materials, controls, and systems, amidst a green setting – along with 18-hole golf course, mosques, clinics, schools, nurseries, and restaurants.

“We are pleased to further strengthen our relationship with CSCEC, as we accelerate development in almost every part of our largest master community which will start to welcome its first residents at the end of 2018,” Sajwani said.