DAMAC Properties has awarded China State Construction Engineering Corporation (CSCEC) an AED 72 mn contract to build roads and infrastructure at AKOYA Oxygen, a billion-dollar luxury villa community in Dubai, Invest-Gate reports.

General Manager of Operations at DAMAC Properties Ali Sajwani notes that, with this contract, AKOYA Oxygen will see major road and infrastructure work being carried out at its three clusters, according to a company’s statement.

Under the deal, CSCEC will carry out major work at Victoria, Avencia, and Amargo clusters, comprising 1,623 villas, Sajwani adds.

With this contract, the total construction spend by DAMAC has surged to more than AED 5.6 bn since its inception, as the developer continues work on its 55-mn-square-feet community, and looks to start units’ deliveries by the end of 2018.

AKOYA Oxygen is set to feature residences made up of energy-efficient materials, controls, and systems, amidst a green and secluded setting. With access to an 18-hole golf course, the project will also comprise key amenities such as a five-star hotel and suites, an organic market, and luxury shopping arcades.

Meanwhile, DAMAC has recently awarded two major contracts to Arabtec to build villas at AKOYA Oxygen; one contract in March 2018 to build 916 units and the second in August last year for 1,296 villas, the statement adds.