Eagle Hills awards contract for Fujairah Beach to Ghantoot
Eagle Hills Abu Dhabi has awarded the construction and infrastructure works contract for its Fujairah Beach development to Ghantoot Transport & General Contracting.
Ghantoot will be responsible for the development of the entire 38,258sqm site, which includes the 167 key Palace Hotel, 80 luxury villas, and the associated infrastructure that will turn the Eagle Hills vision for the resort into a reality.
Low Ping, CEO of Eagle Hills, said: We are pleased to appoint Ghantoot Transport & General Contracting given their strong reputation and portfolio. This milestone brings us a step closer to delivering this exciting development to the Emirates of Fujairah. Fujairah Beach offers a truly unique investment opportunity to buyers as it is situated on the beach and within the city, and we have already witnessed a huge level of demand coming from investors. The project is on track for its 2019 completion and this announcement demonstrates our commitment to the
world-class levels of construction Eagle Hills is known for.
With a strong portfolio and heritage dating back over three decades, Ghantoot Transport & General Contracting boasts a wealth of experience in building high-end mixed-use developments across the UAE.
Ali Mohammed Sadeq Al Blooshi, chairman, Ghantoot Group, said: We are honoured to be working with Eagle Hills, offering our vast experience and excellent track record that will ensure this project is executed to the highest quality standards.
Fujairah Beach is centrally located, with an eight-minute drive from the local airport, and 35 minutes away from the border of Oman. It is expected to be completed by 2019 and will be the first residential development in Fujairah with direct access to the beach on the renowned Gulf of Oman coastline.
The new Palace Fujairah Beach is a premium luxury hotel that will be managed by the Address Hotels + Resorts brand. It will offer a health club, select cafes, high-quality dining outlets, separate pool for adults and children, and world-class meeting venues – ideal for families and business guests.
The mixed-use development will also feature a gated residential community, comprising 80 villas and townhouses available in two, three and four-bedroom layouts with beach, garden, and city views.
In the UAE, Eagle Hills is working closely with the Fujairah and Dibba Fujairah Municipalities on two projects, namely Fujairah Beach and The Address Fujairah Resort + Spa, where it is committed to boosting the economies of the Northern Emirates. In August 2017, the company announced the signing of an AED300mn facility with the National Bank of Fujairah to finance the ongoing construction of Fujairah Beach.