J&P-AVAX SA announces its participation with a 25% stake in the construction of the project titled Al RAHA BEACH DEVELOPMENT, INTERCHANGES 4, 5 and 6, budgeted at euros 98.4 million and signed between Aldar Laing O Rourke Construction LLC and Abu Dhabi J&P LLC.
The project pertains to the construction of three intersections on a triple-lane highway, including 20 bridges with a total span of around 3,500 metres and an approximate surface of 65,000 sq.m.
The project carries a 24-month deadline.