UAE’s Modon Properties awarded $525.5 million projects for Riyadh City

Image Courtesy: MODON

UAE’s, Modon Properties (Modon), a subsidiary of ADQ in partnership with the Abu Dhabi Housing Authority has awarded the infrastructure development contracts for phases three and four of Riyadh City South.

The value of signed contract is AED 1.93 billion.

Two contractors, Tristar Engineering & Construction LLC and Nurol LLC, were awarded the contracts for the development of the infrastructure.

The infrastructure work across the third and fourth phases includes the construction of internal and external roads, the installation of lighting systems, the construction of water and sewage networks, the implementation of groundwater level reduction systems, and the installation of rainwater drainage.

The infrastructure works will begin in 2020 and will cover a total area of 15.8 million square metres.

Phase three of the project covers 6,153,000 square metres, while phase four spans 9,647,000 square metres. Both phases make up roughly 45% of the total project area.

This completes the awarding of all infrastructure development contracts for Riyadh City South at a total cost of AED 5.83 billion.

Once completed, the infrastructure works for the two phases will span 5,438 residential plots, 5,326 villas, 112 townhouses, seven schools, four nurseries, one hospital, six medical clinics, 30 mosques, one civil defence centre, three fuel stations, two government facilities, 11 social service centres, and 24 commercial plots.

Upon the completion of all five phases of the project, Riyadh City South will encompass 14,765 residential plots, 133 commercial plots, 12,896 villas, and 1,869 townhouses. In addition, the well-rounded community will be home to 18 schools and two universities, one hospital and 12 medical clinics, 84 mosques, five civil defence centres, nine fuel stations, nine government facilities, as well as 26 social service centres.

Modon has been developing the infrastructure for the first, second, and fifth phases of Riyadh City South last year, and officially commenced work on the remaining phases of the project during 2020.(read more)

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