WAM Abu Dhabi, March 8th, 2010 (WAM) -- Mubadala Healthcare, a business unit of Mubadala Development Company PJSC (Mubadala), and Aldar Properties PJSC (Aldar) have today announced the appointment of Sixco-Samsung Joint Venture (SSJV) as the main contracto

WAM Abu Dhabi, March 8th, 2010 (WAM) -- Mubadala Healthcare, a business unit of Mubadala Development Company PJSC (Mubadala), and Aldar Properties PJSC (Aldar) have today announced the appointment of Sixco-Samsung Joint Venture (SSJV) as the main contractor for the main construction package of Cleveland Clinic Abu Dhabi (CCAD), following a recent competitive tender process.

This announcement signals the second stage in the hospital's construction following the completion of enabling works and piling late last year.

Cleveland Clinic Abu Dhabi is a key project in Mubadala's strategy to stimulate Abu Dhabi's healthcare sector by establishing world-class healthcare facilities in the region. Mubadala appointed Aldar as Development Manager in 2007 to oversee the design, construction and commissioning of the hospital, which is scheduled for completion in the last quarter of 2012.

To date, Aldar has managed the delivery of the detailed Design Development from Concept Stage through to complete Construction Documentation as well as carrying out the enabling and piling works. Aldar will now work with SSJV to mobilize the final phase of construction this week.

Sixco and Samsung have respectively worked on world-class projects including Ferrari World on Yas Island and ADIA HQ on the Corniche. SSJV also formed part of the consortium that recently completed the Burj Khalifa, the tallest structure in the world.

Cleveland Clinic Abu Dhabi will be a state-of-the-art 364-bed (scalable to 490-bed) multi-specialty hospital located on Sowwah Island - the capital's designated new Central Business District. The hospital will be organized into the five institutes of Digestive Disease, Eye, Heart '&' Vascular, Neurological, and Respiratory '&' Critical Care, to offer an advanced range of tertiary/quaternary medical services. Like its counterpart in the United States, it will be a physician-led medical facility served by North American board certified (or equivalent) medical professionals.

The hospital, which will be managed and operated by Cleveland Clinic, has received significant design input from the Clinic's senior physician leadership to ensure a unique and unparalleled extension of the Cleveland Clinic model of care. Every aspect of the facility - from the precise design of the clinical spaces through to carefully planned patient flows and comfortable surroundings - has been created with the highest standards of clinical care and superior patient experiences in mind.

"Through partnerships with renowned medical institutions like Cleveland Clinic, we are bringing international expertise to the region and setting the highest international standards in healthcare services," said Mark Erhart, Executive Director of Mubadala Healthcare. "World-class facilities like Cleveland Clinic Abu Dhabi will play a key role in stimulating the development of the Emirate's healthcare sector. As we move forward to the next stage in the hospital's construction, we are another step closer to realizing that vision." "We are delighted to be working closely with this Sixco-Samsung Joint Venture on the Cleveland Clinic project," said Sami Asad, Chief Operating Officer, Aldar Properties. "We look forward to continuing our collaboration with Mubadala to deliver on the vital projects that will cement Abu Dhabi's position as a major healthcare capital in the region." WAM/ES/AM