SHARJAH: Sharjah Oasis Real Estate Co., a Sharjah-based developer of the Dhs25 billion Sharjah Waterfront City – the largest mixed-use master-planned waterfront community in the Northern Emirates, announced the launch of construction activities of its Phase I worth Dhs3 billion.
The landmark announcement comes as Sharjah Oasis Real Estate Co., hands over two power transmission and distribution plants, built with a cost of Dhs250 million and with its own resources to ensure uninterrupted supply of up to 700 megawatt (MW) electricity – enough to power the entire urban waterfront community where more than 60,000 people are expected to live, work and enjoy life when complete. Sheikh Abdullah Al Shakrah, Chairman of Sharjah Oasis Real Estate Co., formally handed over the power transmission and distribution plants to Dr Rashid Alleem, Chairman of Sharjah Electricity and Water Authority (Sewa) during a press conference held at the Sharjah Waterfront City head office.
This is one of the first such developments where the private developer has built its own such large power distribution and transmission plant and handed over the assets to the state-owned public utility, Sewa. This marks the completion of one of the most important infrastructure milestones – to ensure adequate and uninterrupted power supply to the city’s residents and businesses. “I am pleased to announce the completion of Dhs3 billion worth of infrastructure works within Sharjah Waterfront City, including removal of 12 million cubic metres of sand to dig 3.5 metres deep canals with width spanning 100-300 metres and create eight islands within the landscape that helped us to create 20 kilometres of new coastline and beachfront properties,” Sheikh Abdullah Al-Shakrah, Chairman of Sharjah Oasis Real Estate Co, developer of Sharjah Waterfront City, said at a packed press conference.
“As part of the infrastructure projects, we have moved and installed 5 million tonnes of rocks to create breakwater and marina quays and the protection of water channels, in addition to the construction of bridges, roads and power transmission and distribution plants, which cost Dhs250 million.” Describing Sharjah Waterfront City – Ajmal Makan that in Arabic means the ‘most beautiful destination on earth’ – Abdullah Al-Shakrah, compared the project as a precious pearl within a huge shell.
“It is a city within a city and features integrated facilities where people can live, work and relax shop, dine and enjoy the best lifestyle.
Sharjah Waterfront City stretches over 60 million square feet of the Gulf’s pristine coastline, making it an ideal destination for residents and tourists,” he told the media. It consists of eight well-designed islands to create a vibrant community of 60,000 people living in 1,500 luxury villas and smart homes, 95 mixed-use towers, and a number of hotels, shopping centres, stylish office complexes, In addition to a marina with a capacity of 800 berths.
Sharjah Waterfront City is an attractive destination for permanent living and recreation. It is a clean, pollution-free city with world-class facilities, charming beaches, shopping and entertainment in every neighbourhood, and its moderate weather throughout the year.
A series of eight islands, flowing between the natural channels spread over 36 kilometres of coastal land on the north-east coast of Sharjah, where clean and pure blue seawater is renewed in its channels every 12 hours, in line with the high and low natural tide coming from the Arabian Gulf, where the city is designed to the highest standards and specifications in cooperation with the world’s largest specialised companies.
Under the direction and support of His Highness Sheikh Dr Sultan Bin Mohammed Al Qassimi, Supreme Council Member and Ruler of Sharjah, Sewa was authorised to supply the project with electricity.
Sheikh Abdullah added: “As a private developer, Sharjah Oasis Real Estate Company, is proud tho deliver (2) 132/33/11kv stations for the transmission and distribution of electricity to Sewa with a cost of Dh250 million and a capacity to supply up to 700 MW of electricity. This is sufficient to meet te demand of the 60,000 population of Sharjah Waterfront City. Sheikh Abdullah Al-Shakrah then handed over the Sharjah Waterfront Water power project to Dr Rashid Alleem, Chairman of SEWA, at the press conference.
The plant will be managed by the Sewa, which will supply electricity to Sharjah Waterfront City through these units. Sheikh Abdullah added that the strategy of the Sharjah Oasis Real Estate Company is to provide sustainable development projects for the emirate of Sharjah, after conducting a comprehensive study of the market and identifying the needs of all segments of society, taking into account the economic, commercial and tourism dimension of these projects. Sharjah Oasis Real Estate Co., hands over two power transmission and distribution plants to Sharjah Electricity and Water Authority (SEWA) to supply up to 700 MW electricity to Sharjah Waterfront City.