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FINANCIAL NEWS
UAE’s Etihad Rail awards contract to NTCC
11 Jan 2015
(MENAFN) Etihad Rail, the developer and operator of the UAE’s national railway network, announced that it has awarded the National Transport & Contracting Company (NTCC) a contract for the construction of employee homes in Abu Dhabi.
Under the contract, the company will both design and build a total of 170 serviced beachfront residential units equipped with advanced technology and entertainment systems, which will be located in Mirfa, Abu Dhabi, with construction work expected to be completed in the second half of 2016.
“Etihad Rail is also currently collaborating with the Western Region Development Council (WRDC) to explore further long-term investment prospects, given WRDC’s numerous initiatives to develop residential real estate for the private sector. Etihad Rail’s top priority is the safety and well-being of our employees,” acting CEO at Etihad Rail said.
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