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Dutco Balfour Beatty wins $229m hotel deal

Dubai, March 26, 2008

A Dubai-based subsidiary of Britain's Balfour Beatty has won an 840 million dirham ($229 million) contract to build a hotel in Dubai, a report said.

Dutco Balfour Beatty, in which Balfour Beatty has a 49 percent stake, will build the 45-storey hotel in the shape of a sail on Dubai's main highway, the Sheikh Zayed, London-based MEED magazine reported. - Reuters




Tags: hotel | Dutco | Balfour Beatty |

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