FINANCIAL NEWS

Abu Dhabi confirms USD148mn infrastructure projects

17 Jul 2016

(MENAFN) Abu Dhabi will pump in more than USD148mn on infrastructural projects involving new internal roads, water networks, a wastewater system and others.

Additionally, the project services 119 units, 96 of which are residential, whereas 23 are plots dedicated for public facilities.

Moreover, the committee also confirmed the transfer of contracting for internal roads and infrastructure projects in Al Nahda Zone, Bani Yas at USD27.76mn.

On the other hand, it also involves establishing the infrastructure for 179 residential units, a 7.66-km-long internal road, and 13.5-km-long pavement project.

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