Bids are under evaluation for the demolition tender, which is expected to be delivered in multiple phases and require about a year to complete. An award for the contract is expected to be made in the third quarter of 2021.
Demolition and site preparation works have already commenced and the main construction work is expected to start by Q2, 2022.
Client will release its masterplan in the first quarter of 2022 after discussions with local and international investment communities. It has started demolition and site preparation work on the ground in preparation for starting of large construction program by April 2022.
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