Miral awards new contract for $3.27 billion Yas Bay project

May 31, 2017

undefinedundefinedDeveloper of the project, Miral, announced that under the terms of the 4-year contract, Faithful+Gould will work on Phase 1 of the two-phase project, which is located in the south of Yas Island.

Yas Bay’s initial phase will involve the construction of a 650-key hotel and Yas Arena, a multipurpose venue with a capacity of 18,000 people. Phase 1 will also include the development of food and beverage (F&B) and retail outlets, and a cinema.

Works are expected to be completed by 2019.

Miral has implemented a diverse range of leisure and commercial amenities within Yas Bay’s master plan. The project will also feature residential developments to accommodate 15,000 residents.

 

Source: Constructionweekonline

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