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Jacobs receives contract for Abu Dhabi retail development

Jacobs Engineering Group Inc. (NYSE: JEC) announced that it has been awarded a contract from Aldar, a premier real estate development, management and investment company in the United Arab Emirates, to provide project management support services during construction for a new retail mall at Yas Island in Abu Dhabi.

The contract value is estimated at $8 million. Jacobs is executing the project from its offices in Abu Dhabi.

Under the terms of the contract, Jacobs is providing project management support services including construction management; design and leasing change coordination; project controls; logistics coordination; coordination of site, project health, safety, security and environment (HSSE) and quality; and implementation of all associated systems, processes and procedures on behalf of Aldar.

The "Yas Mall Project, " a 2.53 million square feet (235,000 square meters) development is another key milestone in the expansion of the leisure and entertainment destination that is in line with Abu Dhabi's strategic vision. The project is expected to be completed in 2014.



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