Search Business Opportunities
Jun, 11 2018

Damak's Spends $1.5 Billion on Akoya Oxygen Project

According to a statement by the developer, Damac’s Akoya Oxygen is designed by Tiger Woods and is being developed on over 55 million square-foot and they will start delivering the properties by the end of this year.  

Damak's Spends $1.5 Billion on Akoya Oxygen Project

Damac has announced spending at its upcoming flagship project, by awarding a $20 million road and infrastructure contract. Akoya Oxygen has now topped $1.5 billion.

General Manager of Operations at DAMAC Properties, Ali Sajwani said that the project assigned to China State Construction Engineering Corporation (CSCEC) will receive major road and infrastructure work that will carry out at three clusters within AKOYA Oxygen which will provide access and services to support 1,623 villas.

He added, “We are accelerating development in almost every part of our largest master community which will start to welcome its first residents at the end of 2018.”

According to a statement by the developer, Damac’s Akoya Oxygen is designed by Tiger Woods and is being developed on over 55 million square-foot and they will start delivering the properties by the end of this year.

 

Comment
User Name
Email
Star Rating
comment
Related opportunities
  • Fashion accessories - women
    About:Malaysia's Leading Chain of Fashion  & Lifestyle concept stores.The company..
    Locations looking for expansion -NA-
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size AED. 2lac - 5lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi -NA-
  • About:Mr. Chander Kamal Baljee, Managing Director of Royal Orchid Hotels..
    Locations looking for expansion -NA-
    Establishment year 1987
    Franchising Launch Date 2016
    Investment size AED. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater East Delhi -NA-
  • Ayurvedic, Herbal & Organic Products
    About:OMORFEE, an Indo – German venture of Bioruns Private Limited,..
    Locations looking for expansion -NA-
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size AED. 50 K - 2lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi -NA-
  • Financial Investment & Trading
    Start a profitable business in the market of cryptocurrencies, ICO..
    Locations looking for expansion -NA-
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size AED. 10000 - 50 K
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater moscow -NA-
{{--