Al Jaber Group Wins AED 2.57 Billion Contract From Abu Dhabi National Oil Company (ADNOC)

2014-10-28

Abu Dhabi, October 28, 2014 — Al Jaber Building, a Company of Al Jaber Group and one of UAE’s leading contractors, won from Abu Dhabi National Oil Company (ADNOC) the contract for the construction of 40 residential buildings for its married staff at the Ruwais Housing Complex Expansion Phase IV. The AED 2.57 Billion contract includes the full execution and delivery of the project by Al Jaber Building.

10820130957528227588The project covers an area of 670,000 square meters with a total built up area of 521,000 square meters; it includes 40 residential buildings consisting of 6 levels and totaling 1920 residential units, in addition to mosques and car parks.

The project is a manifestation of ADNOC’s commitment to providing international living standards and inspiring living experiences to its employees. It is scheduled for comlpetion in two years.

H.E. Obaid Khaleefa Al Jaber Al Marri, Chairman of Al Jaber Group commented saying, “We are delighted to be awarded the construction contract of the Ruwais Housing Complex Expansion Phase IV. This is the fifth project that we execute for ADNOC. This project is a testimonial to the great relationship between ADNOC and Al Jaber Group. It is also proof of our commitment to delivering the standards of quality and service that both ADNOC and Al Jaber Building are known for. To be the contractor on such an important project is a great privilege for Al Jaber Building and an important continuation of Al Jaber Group’s historic and ongoing dedication to develop the UAE and wider region. We are looking forward to delivering more prestigious projects with ADNOC”.

Al Jaber Building has previously executed several projects within Ruwais Housing Complex Expansion – Phase III, which included the construction of 21 buildings for married staff, 5 buildings for bachelors, 56 luxurious villas and service buildings with internal road networks, in addition to panoramic gardens and leisure areas. The projects were delivered on time with high quality standards and aesthetic specifications.

Editors Notes:

Al Jaber Building LLC (AJB)

Al Jaber Building Division was established in 1989, with a vision to provide modern and up-to-date solutions in the areas of housing, villas and urban developments. The division constitutes a main revenue generator for Al Jaber Group with multibillion projects in hand.

Al Jaber Building has an outstanding record in the Emirate of Abu Dhabi and the UAE, with more than 7,000 villas built to date. AJB is a major player in the contracting sector in the UAE.

Being a part of Al Jaber Group gives AJB a competitive edge as its services are complimented by Road Construction and Earthworks Division that provides a full range of infrastructure of roads, drainage and domestic services.

AJB’s history in Abu Dhabi enabled it to be a contractor of choice of major developers in the UAE.