
Sunway Holdings Bhd (Malaysia) and Silver Coast (UAE) has been awarded a RM1.8 billion contract to construct part of a mixed development project in Abu Dhabi in the United Arab Emirates (UAE).The group’s latest project covers works at Rihan Heights – phase one of the Arzanah mixed use integrated development – that will be carried out by Silver Coast-Sunway Innopave.The joint venture is a 60:40 partnership between Sunway Innopave Sdn Bhd and the Abu Dhabi-based Silver Coast Construction and Boring LLC. The contract was awarded by Mubadala CapitaLand Real Estate LLC (Capitala), which is a joint-venture company between Mubadala, an Abu Dhabi-based business development and investment company, and Singapore’s CapitaLand, in which Mubadala holds a 51 per cent stake.Sunway Innopave would be responsible for the construction of five residential towers, a three-level podium, 14 townhouses, a clubhouse, 1,208 parking bays, and landscaping, external works and services.