Home Industry Real Estate Nakheel awards Dhs 18.5m contract for new roads at Jumeirah Village Circle The new access roads are slated for completion in Q3 2016 by Aarti Nagraj January 21, 2016 Dubai developer Nakheel has awarded a Dhs 18.5m contract to build new access roads at its Jumeirah Village Circle development. United Arab Emirates-based DX Contracting and National Gulf Construction have jointly won the deal for the three new JVC/Hessa Street link roads. Work will begin in February, with anticipated completion in Q3 2016, Nakheel confirmed in a statement. A Nakheel spokesman said: “Around 20,000 people currently live in JVC, but this rapidly-growing mixed-use development will accommodate some 300,000 people when complete. “The new road links will enhance JVC in both the short and long term by tackling the immediate needs of residents and addressing the future needs of the community as it expands.” In October last year Nakheel awarded a Dhs 27.5m contract for traffic signals and road improvements at JVC to Dubai-based KTC International Contracting. The deal involved road improvements and traffic signal installation at 29 major junctions within the 811-hectare community. JVC consists of more than 700 villas delivered by Nakheel and over 265 other buildings, villas and townhouses either completed or under construction by third party developers. A further 239 residential, commercial and hospitality buildings by sub-developers are currently in design stage. JVC will also feature The Circle Mall, a new shopping, dining and entertainment hub with 235 shops, cafes and restaurants and a multi-screen cinema. Construction on the project will begin this year. The development also features 33 landscaped parks, spanning more than four million square feet in total. 0 Comments