• Infrastructure works cumulatively amount to AED600 million to date
• AED400 million in infrastructure contracts already awarded, works underway

Abu Dhabi-UAE: 02 June, 2020 – Jubail Island Investment Company (JIIC) has awarded an
AED200+ million continuing infrastructure works contract for Jubail Island to Gulf Contractors
Company (GCC). The works are part of the 18-month-long contract to complete the infrastructure
required for the remaining residential villages within Phase 1 of the AED5 billion project – Nad Al Dhabi, Seef Al Jubail and Ain Al Maha.

An AED80 million contract for infrastructure works for the initial village and central loop road was
previously awarded and announced in mid-December 2019. With overall infrastructure works on
Jubail Island cumulatively amounting to approximately AED600 million, JIIC confirmed that works
worth AED400 million are already underway.

The scope of the GCC contract comprises the construction of over 47.5 kilometres of internal
roads in Nad Al Dhabi, Seef Al Jubail and Ain Al Maha villages. Infrastructure development,
including electricity, water, sewage, irrigation, telecom and gas networks, as well as street lighting
are within its ambit.

Speaking on the announcement, Mounir Haidar, Managing Director of JIIC, said: “Following the
commencement of construction for the initial infrastructure works in early 2020, we are delighted
to confirm the start of infrastructure works to complete the remaining Phase 1 villages on Jubail
Island, demonstrating our dedicated commitment to on-time delivery of plots as early as Q3 2021.”
He added: “Jubail Island has been designed as, and is destined to become, a premier lifestyle
community in Abu Dhabi; providing unparalleled quality of life for discriminating residents who
enjoy peaceful residential seclusion within a stone’s throw from the vibrant capital. Located within
a 400-hectare, very low-density development, entwined within pristine natural environment, the
community will also offer all of the amenities.”

Jubail Island is a designated freehold investment zone in Abu Dhabi that will comprise a mix of
serviced plots, high-end and mid-range properties as well as retail, office park and F&B outlets.

The development will also feature spacious and well-appointed outdoor areas, including parks,
walking tracks, kayaking stations and cycling routes for nature lovers and water sports
enthusiasts.