Abu Dhabi Investment House (ADIH) announced yesterday the commencement of enabling works and site facilities for its US$ 400million 1.62 km India Entertainment City development, in Navi Mumbai.
This includes site offices, boundary fences and other areas that will assist contractors to perform other infrastructure related work. It also announced that Phase II of the infrastructure work on the project, comprising 75% of the total area, will commence in February 2010.
ADIH awarded a contractor Phase II of the infrastructure work which includes civil works and roads network. Remaining infrastructure work includes electrical, telecommunication and data services; central gas network and district cooling; in addition to a landscaping and pavements.
India Entertainment City is one of a series of Shari’a-compliant ’Entertainment Cities’ funds created by ADIH, first of which is currently being developed in Doha, Qatar. The concept is an embodiment of a mixed-use development, encompassing residential, commercial / retail and entertainment components.
A formal ground breaking ceremony of the Economic Development Zone of which India Entertainment City is a component will take place in February this year.
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