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Memon awards $5.2m MEP contract

Dubai, May 4, 2009

Memon Investments, a leading Dubai-based property developer, said it has awarded a Dh19.5 million ($5.2 million) contract for MEP works at its projects in Dubai Sports City to Anwar Al Aqsa, a leading UAE-based company.

The top MEP contractor will manage the electrical, fire alarm, plumbing, and fire fighting works within Memon Investments’ ‘Champions Tower II’ and ‘Champions Tower III’ projects, located in Dubai Sports City, said a Memon statement.

With construction progressing on the two towers, which are collectively valued at Dh255 million, the developer most recently awarded an Dh1.96 million elevator contract to ETA Melco for the installation of six high-speed, Mitsubishi elevators within the 14-storey Champions Tower II and the 16-storey Champions Tower III.

Memon Investments said the contract was awarded to Anwar Al Aqsa based on the company’s experience within the engineering, owner, vendor and trade contractor communities, which has enriched its capacity to provide the greatest value to a project.

Having worked with a wide variety of projects across the UAE - from villas to mid-rise buildings to high-rise towers - Anwar Al Aqsa has developed a distinctive quality in its workmanship and has impressed various local authorities, including the UAE Ministry of Electricity and Water, as well as a number of high profile developers.

Specifically, the company will be utilising its expertise in HVAC systems installation, building electrical works, generator installation, interior and exterior plumbing, fire protection systems installation and exterior lighting for Memon Investments’ luxury residential developments, the statement added.

The contract with Anwar Al Aqsa follows previous deals with other top companies, including an Dh55.5 million deal with Al Sarh Contracting and an Dh82 million agreement with Cairo Contracting Company for the construction of Champions Tower II and Champions Tower III respectively.

“Our reputation within the UAE’s thriving property development sector has been built on the quality of our projects, which is the result of our close collaboration with leading companies that possess the necessary industry expertise and know-how of the latest industry technologies,” said Rizwan Shaikhani, joint managing director, Memon Investments.

“This strategy has enabled us to provide the highest level of convenience and state-of-the-art facilities to our clients. We have high confidence in the work Anwar Al Aqsa will be doing for Champions Towers II and III, which will play an integral role in the anticipated success of these two projects,” he added.

Isam Abdullah Edyak, managing director, Anwar Al Aqsa, said, 'Memon Investments has a reputation for high quality developments, and we are proud to have been awarded this contract to work on two of their iconic projects.'

'Ever since we commenced operations, we have been winning several high profile contracts, which underline our expertise and the superior quality of our services. With this latest contract from Memon Investments, we look forward to complementing their vision for excellence by adding value at every stage of our involvement,” he added.-TradeArabia News Service




Tags: Dubai Sports City | Memon | MEP contract | Anwar Al Aqsa |

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