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Jewel of the Creek ... to transform the location into a vibrant urban
centre in the heart of Dubai.

Drake, Habtoor partner for $1.09bn Dubai project

DUBAI, March 15, 2015

Dubai's Drake & Scull International (DSI) has formed a Dh395 million ($107.55 million) joint venture with Habtoor Leighton Specon (HLS) to provide mechanical, electrical and plumbing (MEP) services for part of the Dh4 billion ($1.09 billion) Jewel of the Creek project.

A market leader in the design, engineering, procurement and construction sector, HLS had been nominated by project developer Dubai International Real Estate (Dire) as the MEP contractor for the project.

The company reached an agreement with Drake & Scull Engineering (DSE), to execute the works in a joint venture, combining the vigour and expertise of the two companies to deliver the project to the high standards of their esteemed client.

The project is a mixed-used development designed by Kling Consult and Kieferle & Partner Joint Venture (KCKP JV), after their winning entry to an international competition. The master-plan embraces the location, reflecting the waves and steady movement of the Creek.
 
The package 8 of the project consists of five hospitality buildings ranging between 15 and 19 floors, featuring a hotel and serviced apartments buildings, a ballroom and an attached café; a marina, including four foot bridges and one vehicular bridge; and hard and soft landscaping works, said a statement from Habtoor.

The construction work on Jewel of the Creek Package 8 has commenced and completion is targeted for the second quarter of 2017.

The objective of the development is to transform the location into a vibrant urban centre and a prominent landmark in the heart of Dubai.

The vision is to create a project of strong identification, a complex as a unit unparalleled along the Creek with functions linked to each other, yet each part of the development with its own expression and values, it stated.

The project will set a benchmark for future developments and it will be one of the much sought after addresses in Dubai.

The HLS - DSE JV will work under the main contractor of the project, the Habtoor Leighton Group (HLG), to deliver the MEP works of the package which consist of fit-out works in basements, complete MEP works for buildings including state-of-the-art systems associated with the latest technologies for smart and sustainable construction, and associated external works.

Thrasos Thrasyvoulou, the CEO and managing director of HLS, pointed out that The Jewel of the Creek project was of great significance to the group and the wider Habtoor Leighton Group.

"We are honoured to have been selected as Dire’s MEP contractor of choice. We are looking forward to working closely with the client, consultants, the main contractor and our joint venture partners to deliver the project in a timely manner and to the highest standards of quality, safety, and sustainability," stated Thrasyvoulou.

"This new award signifies the trust shown to HLS by prominent clients over the years for the delivery of high-end hospitality projects. It complements our excellent portfolio of landmark developments and takes our work-in-hand to over Dh3.6 billion ($1 billion), solidifying our position as one of the leading MEP players in the region," he added.

Ahmad Al Naser, the DSE managing director, said the Drake & Scull had picked up Dh5.34 billion worth of new projects in 2014 and its projects backlog stands at an all time high of Dh14.4 billion.

"We are committed to playing a key role in the ongoing preparations for World Expo 2020 through our involvement in several iconic additions to Dubai’s landmarks. The Jewel of the Creek is an ambitious and fresh project that will enable us to showcase DSE’s exceptional engineering expertise and help augment Dubai’s hospitality and MICE (Meeting, incentive, conference and event) portfolio," he noted.

Al Nasser said the integrated engineering solutions of DSI would definitely have an impact on the directions of UAE infrastructure and property development, as will be proven by its ongoing work on major projects such as the Mall of the Emirates Expansion, Habtoor City, Louvre Museum, Maliha Hospital, Danat Al Emarat Hospital, and the Plaza View Development.

"Moving forward, we intend to contribute to the UAE’s rail development agenda as well by combining DSE’s technological superiority, talented workforce and global footprint with Drake and Scull Rail’s proven record in delivering turnkey rail construction and maintenance solutions," he added.-TradeArabia News Service




Tags: Habtoor | Joint venture | Drake & Scull | EPC |

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