Mammut breaks ground on Waterfront project
Dubai, May 1, 2008
Dubai-based Mammut Group today announced that work has started on a Dh500 million ($136 million) construction contract awarded by master planners Nakheel for one phase of Waterfront.
Located on the western shores of Dubai near Jebel Ali, Waterfront will transform 1.4 billion sq ft of empty desert and sea into an international community for an estimated population of 1.4 million people.
The contract entails the design, construction and associated works for more than 140 villas and more than 850 apartments in the Badrah district of Waterfront. The contract will be carried out for the first phase over a period 12-18 months.
Commenting on the contract award, Mammut chairman and CEO, Behzad Ferdows, said: “We are honoured by the award of this prestigious contract and are committed to ensuring the highest quality of engineering works expected by Nakheel. For Mammut, this is an exciting project that will see significant throughput of our new state of the art pre-cast factory based in TechnoPark which we have committed for this project.”
This latest contract win comes hard on the heels of Mammut’s successful tender to build the world’s largest pre-stressed concrete drinking water reservoirs at a cost of Dh620 million for Dewa.
The Mammut Group is one of the Middle East's largest industrial contracting and manufacturing companies with core strengths in the manufacture of pre-engineered steel and pre-cast concrete. The company employs 4,000 people and has 10 offices globally and six manufacturing plants. – TradeArabia News Service