UK builder’s Middle East JV is nearing completion of an earlier phase of project
Al Futtaim Carillion (AFC) has won a £125 million ($191m) contract to deliver the next phase of work on the Dubai Trade Centre District (DTCD).
The Middle Eastern joint venture of the UK builder Carillion has been awarded the contract by Dubai World Trade Centre for a 178,000sqm development containing two office buildings of eight and twelve storeys.
Work on the project – located between the current Dubai International Convention and Exhibition Centre and Emirates Towers – is scheduled for completion in Q3 2017, Carillion said in a statement.
AFC is nearing completion of the earlier phase, which was awarded in 2014. The latest award takes the overall value of the contractor’s work on the site to around £200 million ($305.4m).
The DTCD development will include Grade A quality offices, which have achieved LEED Gold precertification from the US Green Building Council.
“We are delighted to have been selected for the second phase of this major development in Dubai, where we continue to see more opportunities,” said Carillion chief executive Richard Howson, noting that the UAE is a core market for the firm.
“We look forward to continuing our close relationship with Dubai World Trade Centre to deliver this important development”.
Carillion said last month it is stepping up operations after securing contracts and framework wins worth $2.61 billion in the second half of 2015.
Its UAE joint venture AFC was in February awarded two major contracts by Meraas: a $350 million contract to build a mixed-use development on the Dubai Creek waterfront, and the $240 million ‘La Mer’ project in Jumeirah, Dubai.