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Arabtec in Dubai hotel deal

Dubai, July 14, 2007

A Letter of Acceptance was issued to Arabtec Construction/Dubai Contracting Company (DCC) Joint Venture to carry out the main package works for the construction of a major hotel located on Sheikh Zayed Road in Dubai.

The total value of the contract amounts to Dh1.076 billion.

The works consist of main hotel building comprising of 4 basement levels, Ground and Mezzanine Floors and 51 storeys, plus a multi levels car park building consisting of a basement, Ground floor, 13 Deck Parking levels, Mechanical level, toilet level and a pool.

Riad Kamal, the managing director of Arabtec Holding, said, “The participation of Arabtec with DCC in this joint venture follows on the successful joint venture track record when the joint venture previously constructed the Fairmont Hotel in Dubai.”




Tags: Arabtec Construction | Dubai Contracting Company | DCC |

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