Leighton, Al Habtoor win $650m deals
Sydney, December 5, 2007
Leighton International, through its 45 per cent-owned associate Al Habtoor Engineering, has been awarded $650 million of new work in Dubai and Abu Dhabi.
The company has secured the $520 million contract for the construction of the new Jafza convention centre in Dubai for the Jebel Ali Free Zone Authority, and two hotels for Aldar on Yas Island in Abu Dhabi worth a total $130 million.
'These new contracts are further evidence of the tremendous opportunities for growth for Leighton International in the Arabian Gulf region, and the UAE in particular,' said David Savage, managing director of Leighton International.
The Jafza convention centre complex will comprise twin towers for the convention centre, a food court, a 33-storey office complex and seven-storey hotel.
The project for Aldar comprises the construction of two separate four-star hotels on adjacent plots on Yas Island in Abu Dhabi. The first hotel comprises 400 rooms and 30 suites; the second 200 rooms and 10 suites. Also included is a ballroom, numerous function rooms, food and beverage outlets and recreational facilities including pools.
Construction will commence immediately and will be completed in September 2009.
Last month Leighton International, through Al Habtoor Engineering, secured the $290 million JW Marriott Hotel in Abu Dhabi. The project, for Abu Dhabi National Hotels, represented the first contract won by Al Habtoor Engineering since it merged with Leighton International's operations in the Arabian Gulf in September this year. -Reuters