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Marina West Appoints PPC-Terna

 
Marina West Real Estate Company has appointed PCC-Terna as the main contractor for Bahrain’s iconic Marina West development.

Ground breaking for Bahrain’s largest gated beachfront residential community takes place this month with completion of the 345,000 square-metre residential, retail and leisure development set for December 2009.

Under the terms of the multi-million dollar contract PCC-Terna has overall responsibility for the design and construction of the entire project and is bringing its extensive expertise and experience with similar projects of this magnitude in Europe and across the Middle East to ensure the synchronisation of all aspects of the undertaking.

This includes the logistical challenge of bringing in a 6,000-strong on site workforce at its peak.

“PCC-Terna is the ideal contractor for this project as its combined and complementary strengths and capabilities - which emanate from the extensive local experience of Bahrain’s Poullaides Construction (PCC) and the proven track record of Greece’s second largest contractor, Terna SA – ensures a superior understanding of our requirements to correctly bring our vision for Marina West to life,” said Ahmed Abubaker Janahi, chairman and chief executive officer of AAJ Holdings Company, the company representing Marina West.

Marina West will offer more than 1,280 luxury apartments and penthouse suites through its 11 residential towers and more than 7,000 square metres of the development will feature a full range of leisure, recreation and entertainment facilities.

Among these will be a marina, private beach and comprehensive high quality retail offering.

“The appointment of PCC-Terna as the main contractor for the project marks a major milestone in the development of Marina West and follows a thoroughly detailed selection process,” said Eric Tromans, CEO for ReeMoon, the project’s developer.

“Resources are currently being mobilised to the site and this month’s ground breaking will be immediately followed by a programme of ongoing activity to ensure delivery by the end of 2009.”

The 33-month program to construct Marina West essentially involves five phases.

The first phase comprises the detailed architectural, structural and electromechanical design of the 11 towers.

Piling works to create the foundations of the towers begins imminently, following which the construction of the superstructure of the towers will commence.

A two-storey ‘podium’ structure to provide car parking and commercial premises will subsequently be followed by the final phase which will focus on the completion of the marina and all remaining external works.

PCC managing director Christos A Poullaides said: “The construction sector in Bahrain currently presents a host of opportunities and we see Marina West as being pivotal among these.

“We are indeed excited to have been selected, and of course, to working with the visionary personalities behind this development,” added Poullaides.

“The unique aspects of this undertaking include the fact that Marina West is the first development of its kind in Bahrain and the logistics involved in this project are challenging.

“This includes the provision of manpower and we are already in discussions with the Ministry of Labour to determine commonalities between our human resources needs and the availability of relevant Bahraini human resources.”

Asteco Property Management is the exclusive sales and leasing agency for Marina West’s 1, 2, 3 and 4 bedroom freehold apartments, duplexes, simplexes and penthouse suites, which begin at a price of BD47,000 with floor space ranging in size from 92 to 447 square metres.

More information on Marina West is available by contacting Asteco Property Management on telephone number +973 17 690808 or by visiting marina-west.com.

PCC-Terna was formed in 2005 and is a joint venture collaboration between PCC of Bahrain and Terna of Greece.

The company undertakes large scale multi-million dollar high rise projects in Bahrain.

Poullaides Construction Co WLL (PCC) is an ISO 9001:2000 certified company, which was established in Bahrain in 2002 to carry out building and civil engineering projects including electro-mechanical works.

As a first grade building contractor PCC’s primary objectives are to meet the needs of its blue chip client base through the provision of the highest quality of construction within the bounds of client budgets.

PCC offers value added services with in-house capabilities through its six divisions: electro-mechanical, interior decoration and out fitting, structural repairs and rehabilitation, waterproofing, metal and steelworks and a portacabin division.

PCC believes that quality is not a destination but a journey.

The company’s management team collectively has more than 300 years of experience in Bahrain and more than 500 in the Arabian Gulf and its portfolio comprises some 1,000 projects.

Founded in Greece in 1972, Terna has been actively involved in civil engineering infrastructure works for a broad spectrum of public and private projects, including railway and highway networks, high quality office buildings, hospitals, museums, resorts and industrial facilities.

Its merger in 1999 with GEK SA, one of Greece’s pre-eminent building contractors has created the second largest contractor in the country with an annual turnover in excess of $800 million.

Terna is also an ISO 9001 certified company and has vast Gulf experience with work assignments in the UAE, Saudi Arabia and Qatar and now in Bahrain through PCC-Terna.

AAJ Holdings Corporation (AAJ Group) was founded by Ahmed Abubaker Janahi in the British Virgin Islands as a limited liability company known as AAJ Holdings Limited (AAJHL).

AAJHL exclusively owns a Bahrain based group of companies known as AAJ Holdings Company (AAJHC), a closed shareholding company.

AAJHC represents and withholds AAJ Group’s interests, which are predominantly real estate focused professional companies as well as equity stakes in real estate developments.

The AAJ Group has grown since its founding as an architectural practice in 1988 through the integration of other real estate and value adding professional firms representing horizontal integration to cater to the needs of large scale real estate projects.
In addition to its headquarters in Bahrain the company also has branches in Oman, France, Canada and South Africa and the group employs 150 professionals.TradeArabia News Service

 

 

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