Shapoorji Pallonji Mideast JV wins construction contract of Marassi Galleria
Posted on 28th November 2018
According to *Tradearabia news report, Eagle Hills Diyar, the master-planners of the kingdom's iconic waterfront development Marassi Al Bahrain, has awarded a major contract to a joint venture of Shapoorji Pallonji Mideast and Cebarco Bahrain for the construction of Marassi Galleria, Vida Hotel and Serviced Apartments.
Marassi Galleria is a 200,000-sq-m shopping and entertainment destination which offers a range of entertainment facilities. It will be linked to two luxury hotels and serviced residences projects – The Address Marassi Al Bahrain and The Address Residences Marassi Al Bahrain operated by The Address Hotels + Resorts, and Vida Marassi Al Bahrain and Vida Residences Marassi Al Bahrain by Vida Hotels and Resorts.
The construction deal was jointly signed by Eagle Hills CEO Low Ping, Eagle Hills Diyar Managing Director Dr Maher Al Shaer, Shapoorji Pallonji Mideast VP Rajeev Kaul and Cebarco Bahrain CEO Dr Khaled Mohamed Abdulrahim at a recent ceremony held in Marassi Al Bahrain Sales Center.
"This contract award is a momentous occasion for us and a result of a meticulous selection process. We are confident that the project will be delivered on schedule and to the highest of standards," remarked Ping.
"Representing a key anchor within the development, Marassi Galleria is anticipated to be the centerpiece that will define Marassi Al Bahrain," she stated.
Dr Al Shaer said: "Eagle Hills Diyar is excited to start the construction works on Marassi Galleria, which will set a new benchmark in Bahrain providing residents with a world-class shopping and entertainment destination at their doorstep."
"Marassi Galleria will house some of the world’s top retailers," he stated.
"It is envisioned as a premiere lifestyle shopping centre with retail areas extending to the beach, while merging with the leisure and recreational facilities located on the beachfront," he added.
On the contract win, Kaul said: “We would like to express our sincere gratitude for being awarded this contract, which demonstrates Eagle Hills Diyar’s confidence in us to deliver the project effectively and efficiently.”
Dr Abdulrahim said Cebarco Bahrain was pleased to work with Eagle Hills Diyar on this unique project that is shaping the property landscape in Bahrain.
"We are committed to employing our unparalleled management, technical, engineering and organizational services to ensure timely project delivery,” he added.
*News source: http://tradearabia.com/news/CO...
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