Modon Properties (Modon), a subsidiary of ADQ mandated by the Abu Dhabi Government to develop integrated tourism destinations and sustainable residential communities, has awarded the infrastructure development contracts for phases three and four of Riyadh City South at a cost of US$530mn, in partnership with the Abu Dhabi Housing Authority
?This project falls in line with the efforts of the UAE?s wise leadership to provide a high-quality of life for families, social stability for citizens, and sustainable communities for residents,? said Jaber Mohammed Ghanem Al Suwaidi, general-director of the Crown Prince Court of Abu Dhabi and chairman of the Abu Dhabi Housing Authority. ?The Riyadh City South project is one of the most important housing projects in the Emirate of Abu Dhabi, and it will contribute significantly to the development of the housing sector in the UAE?s capital.?
Abdulla Al Sahi, chairman of Modon, said, ?Through this project, Modon is enriching the lives of citizens by providing them with an exceptional quality of life within a cohesive and sustainable community. Riyadh City South will cater to the needs of all residents by offering a range of comprehensive and integrated facilities.?
?We have a detailed construction schedule in place for the completion of all five phases of the project and are committed to continuing to contribute to the transformation of Abu Dhabi?s housing sector by delivering integrated and modern residential experiences in line with the future vision for Abu Dhabi. We are looking forward to completing all the construction works in accordance with the highest stands within the next three years,? added Al Sahi.
Bashir Khalfan Al-Muhairbi, director-general of the Abu Dhabi Housing Authority, emphasised the importance of enhancing cooperation between various stakeholders to implement projects that contribute to the positioning of the Emirate of Abu Dhabi as a leader in the development of integrated and sustainable communities that cater to the needs of Emirati families and align with the objectives of Abu Dhabi Plan in providing high-quality housing for citizens and residents.
?The Riyadh City South project is in line with the Authority?s efforts to cater to the needs of citizens by developing residential communities that provide them with a diverse range of facilities and amenities, supporting social stability and family life,? said Al-Muhairbi.
The Riyadh City South project aligns with the Abu Dhabi Government?s strategy of building integrated and sustainable residential communities. This involves creating neighbourhoods that cater to the needs of citizens and residents by offering an integrated range of community facilities, including parks, schools, shops, mosques, medical centres, and community centres.
