Dubai Investments has announced that work on the $125 million mixed-use project, Fujairah Business Centre is 20.5% completed and expected to finish in June 2020, ahead of its scheduled completion date in Q4 2020.
Fujairah Business Centre is a joint venture between Al Taif Investment and Fujairah Investment Establishment and will have a total built-up area of 96,400 sqm, offering a 19-storey office tower, and hotel and apartment tower with amenities like a shopping mall, retail centre and parking space for over 670 vehicles.
During a recent tour of the project, Khalid Bin Kalban, MD and CEO at Dubai Investments said: “The Fujairah Business Centre project has been strategically planned for a specific location which will address market requirements, create investment and business opportunities and also to set benchmarks in terms of urban development.”
“It was a real pleasure to see that the project is progressing ahead of schedule, it will offer some real opportunities in terms of business and investment,” he added.
Construction for the hotel and apartment tower is now 18 floors high, with two slabs left to cast and complete while the office tower has eight slabs still to be completed. Mechanical, electrical and plumbing work is ongoing, with the team close to finishing all block work, the statement reported.
The project is located in the Fujairah town centre, with China State Construction Engineering Corporation Middle East being the project construction contractor and Dewan Architects and Engineers as the project consultant. The statement also said that the project is at a stage where procurement is being carried out and interior décor, furniture and fitting for the project will be awarded soon.