RTA inks $102m road contracts
01 June 2017
Dubai’s Roads and Transport Authority (RTA) has awarded a Dh375-million ($102 million) contract for the construction of tunnels and roads leading to the Jewel of the Creek project.
The awarding of the contract was co-ordinated with the Dubai International Real Estate Company (DIRE), said the RTA.
The iconic Jewel of the Creek project, which sits between Al Maktoum and the Floating Bridges, has been designed as a landmark tourist destination adding further prominence to the city and the tourist profile of the area.
Mattar Al Tayer, director-general of RTA and Khalil Al Sayegh, Director-General of DIRE, signed the memorandum of understanding for funding the construction of tunnels and roads leading to the project, which is set for completion during the first half of 2019.
“The project construction works have recently been started, and are primarily aimed to provide entry and exit points linking with the ground and basement parking of the project with the roads and transport network of Baniyas Road to the north, and Al Ittihad Road to the East,” said Al Tayer.
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