DEWA anticipates granting Hatta Cable Car and luxury hotel deal in early 2024
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DEWA and EDF set to Award EPC contract for Dubai Summit Complex in early 2024.
Dubai Summit's $300 Million project features a 5.4-km Cable Car to Dubai's tallest peak.
Bid submission for Hatta's Luxury Hotel and Cable Car system extended to October 2023.
The Dubai Electricity & Water Authority (DEWA) and EDF (Electricité de France) are set to finalize the engineering, procurement, and construction (EPC) agreement for the Dubai Summit Complex (DSC) in Hatta, which encompasses a cable car system and a luxury hotel, by early 2024, an insider revealed.
A statement noted, "The initial proposal for the EPC contract was rolled out on 15 November 2021, with the first bid deadline being 15 February 2022. However, the deadline for bid submissions has been shifted to 12 October 2023, previously set for 31 July 2023. The contract's anticipated awarding is by the mid-first quarter of 2024," as mentioned to Zawya Projects by someone with knowledge of the matter.
Another source informed Zawya Projects that the project's completion is targeted for the end of 2025, with an estimated budget of around $300 million.
The highlight of the Dubai Summit initiative is a 5.4-km cable car installation designed to shuttle tourists to the peak of the 1,300-meter-high Um Al Nesoor – recognized as the tallest natural peak in Dubai, based on earlier communications from DEWA.
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