J&P contracted to lead the construction and infrastructure works for the entire GFA 63,677 sqm site Contract award marks the groundbreaking of the luxury hotel and residential development in Fujairah

Abu Dhabi, UAE - 15 November 2017: Eagle Hills Abu Dhabi has recently awarded the construction and infrastructure works contract for the entire GFA 63,677 sqm site of The Address Fujairah Resort + Spa to Joannou & Paraskevaides (J&P).

The Abu Dhabi-based private real estate investment and development company made the announcement during an official signing ceremony that marked the groundbreaking of the exciting luxury hotel and residential development, representing a significant milestone in the progress of the project in Fujairah.

The Address Fujairah Resort + Spa is a luxury development scheduled to be complete by 2019, comprising 196 room with a range of five-star amenities and four residential buildings that include 172 branded apartments, five beach villas and five garden villas. The development also features a 500-metre promenade, beach access and a unique plaza.

Located in Sharm in Fujairah, famous for its breathtaking landscape of mountains and uninterrupted sea views out onto the Gulf of Oman, The Address Fujairah will offer unrivalled tranquility and high-end living for its residents and guests.

Since the project was revealed in April 2016, Eagle Hills has completed the grading and marine works at the site.

Low Ping, CEO, Eagle Hills said: “Today, we are a major step closer to bringing quintessential living to this unique part of the UAE, which is set to become the beating heart of Fujairah. We are pleased to appoint J&P given their strong reputation and portfolio. With the ground and marine works complete and a huge level of demand coming from investors, this project is well on track for its 2019 completion and this announcement demonstrates our commitment to the world-class levels of construction we will deliver for The Address Fujairah Resort + Spa.”

With 23,000 staff operating in nine countries, J&P has delivered high profile developments in markets throughout Africa, Europe and North America. In the Middle East, the company operates in Saudi Arabia and Oman, as well as the UAE where it has been working since 1971 with offices in both Dubai and Abu Dhabi.

Grigoris C. Christofides, CEO, J&P said: “We are honoured to be working with Eagle Hills on this prestigious project. Our vast experience coupled with an excellent track record will help provide the assurance that the project will be executed to the highest quality standards and will be successfully delivered on time.”

As a top tier contractor, J&P has a proven track record of high level delivery on time and on budget. Its impressive list of previous UAE projects includes Emirates Airlines New Engineering Centre at Dubai International Airport, Fujairah Freeway and Ras Al Khor Crossing, as well as international projects including Queen Alia International Airport in Jordan.

Eagle Hills is developing projects in four international markets, namely Morocco, Bahrain, Jordan and Serbia and the UAE where it is working to reinvigorating city hubs, improving the standard of living and increasing investment in the local economies.

In the UAE, Eagle Hills is working closely with the Fujairah and Dibba Municipalities on two projects, Fujairah Beach and The Address Fujairah Resort + Spa, where it is committed to boosting the economies of the Northern Emirates. In August 2017, the company announced the signing of a AED 300 million facility with the National Bank of Fujairah to finance the ongoing construction of The Address Fujairah Resort + Spa