CSCECME awarded hospitality development contracts by Arenco, SKAI
Project awards are “another important march into the luxury hotel market.”
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China State Construction Engineering Corporation (CSCEC) was recently awarded two contracts by  the Dubai-based developer Arenco Real Estate to build two new hotels at Palm Jumeirah.
The five-star resort hotels are expected to span an area of 100,000sq.m. each, and will be built on adjoining plots. The scope of the contract includes the construction of a basement, 14 floors and a roof. Expected to take two-and-a-half years to complete, the CSCEC’s contract also includes civil works, MEP, external works and finishing operations.
CSCEC considers these project awards  “another important march into the luxury hotel market”.
Dubai based Skai Holdings Ltd. also appointed CSCEC Middle East (CSCECME) a contract worth $54.5 million to undertake the construction of a 59-storey high-rise tower. In January 2014, it was announced that SKAI Holdings had formed a special purpose vehicle with CSCECME, which is also the project contractor for the company’s Viceroy Dubai Palm Jumeirah project.
SKAI’s new ‘Suites in the Skai’ project will comprise of a 4-star hotel with 234 hotel rooms, 234 hotel apartments and 30 penthouses, retail, specialty restaurant, and relevant hotel amenities, facilities and support areas. The development will be located at Jumeirah Village Circle, at the junction of Dubai’s key highways, Al Khail Road and Sheikh Mohammed Bin Zayed Road.
