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La Mer location ... beach-themed frontage.

Al Futtaim Carillion wins $588m Meraas deals

DUBAI, February 26, 2015

Al Futtaim Carillion (AFC) has been selected as the preferred bidder for two contracts worth a total of £380 million ($588.5 million) by Dubai-based Meraas.

Al Futtaim Carillion is a joint venture between Carillion, a leading UK-based integrated support services company, and Dubai's Al Futtaim Ltd.

The company won a £225 million contract to build a mixed-use development on the Dubai Creek waterfront. The project includes retail, hotels, a mosque, museums, workshops and a market, said a company statement.

Meraas also selected AFC as the preferred bidder for a £155 million contract to build 'La Mer' at Jumeirah in Dubai. The project involves the construction of a mixture of retail and public-facility buildings, together with substantial external landscaping to create over 1 km of beach-themed frontage.

Carillion chief executive Richard Howson said: ''We are delighted to have been selected as the preferred bidder for these two major contracts. This reflects our reputation for high-quality and reliability and we look forward to working with Meraas to deliver these prestigious projects."  - TradeArabia News Service




Tags: Meraas | Al Futtaim Carillion |

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