Memon InvestmentsMemon Investments, a leading Dubai-based property developer and part of the international business conglomerate, the MemonMemon Group of Companies, announced that it has appointed Umm Al Quwain-based HI-TECH Electro Mechanical Contracting Est. to install YORK air-conditioners within four of its towers - 'Champions Tower I, II and IV' and 'Cambridge Business Centre', which are collectively valued at 715 million. The developer revealed that it has awarded an AED 13.6 million contract for 890 air-conditioning units, which will be exclusively supplied by Gulf Sail Gen. Trdg Group, the authorised distributor of YORK products in the UAE. This is in line with Memon InvestmentsMemon Investments' aims to provide state-of-the-art residential spaces for global and regional investors and end-users.

Under the terms of the contract, HI-TECH E.M.C will supply and install its 'Affinity Series Air Conditioners' - an internationally reputed range of air-conditioning solutions, which are engineered to meet the exceptionally high standards for long-life, quiet operation, cost-effectiveness and energy efficiency. Featuring an industry-leading two-stage scroll compressor design, the 'Affinity' models can operate at a partial capacity when the ambient conditions are mild, and can automatically shift into full capacity when required. Memon InvestmentsMemon Investments has also identified with the product's energy-saving features in line with the developer's commitment to green building codes, which it will be implementing within the 5 new projects it has planned within Jumeirah Village South (JVS).

"Our unwavering commitment to quality has led to partnerships with the region's largest and most credible suppliers to provide us with the best products to complement the high standards, which we have set for our projects," said Rizwan Shaikhani, Joint Managing Director, Memon InvestmentsMemon Investments. "HI-TECH Electro Mechanical Contracting has been a leading establishment that has widely promoted YORK brand in the region and possesses an extensive experience in large-scale implementations, which we require among all our partner suppliers."

As part of the Al Faisal Group of Companies based in Umm Al Quwain, one of the leading and reputed business organizations in the UAE, HI-TECH Electro Mechanical Contracting has supplied high-quality products to over 50 high profile projects across the country. Driven by its commitment to deliver quality products to landmark projects, the company has grown significantly and now comprises of expert teams that employ highly trained B. Tech and mechanical engineers, Diploma holders foremen and supervisors, as well as qualified erection teams, expert ducting teams and a maintenance team that operates its own work shop and provides warranty services.

"As part of our agreement, we are also going to deliver Preventive maintenance and spare parts, which are essential for the smooth and trouble free operation of YORK equipments. We are thrilled to partner with a reputable company such as Memon InvestmentsMemon Investments and we hope that this is the start of a long-term relationship with them. We are fully committed along with our parent supplier, Gulf Sail to the completion of all work in order to ensure that the towers can be delivered within its schedule of completion," concluded Rudolf Valerian D'Souza, Manager, HI-TECH Electro Mechanical Contracting EST.

The contract with HI-TECH is part of Memon InvestmentsMemon Investments' strategy to construct and deliver its projects, which are located in Dubai Sports City, Dubai Silicon Oasis and Jumeirah Village South. With construction progressing on its projects, the developer has recently awarded MEP and Elevator contracts for several of its developments. At present, Memon InvestmentsMemon Investments has a portfolio valued at close to AED 1.34 billion and has identified major master developments in Dubai, including Jumeirah Village South, Dubai Sports City and MIZIN as locations for its new projects, which will include luxury residential, commercial and mixed-use developments.

-Ends-

About Memon InvestmentsMemon Investments LLC

Founded in 2007 as the property development arm of the international business conglomerate, the MemonMemon Group of Companies, Memon InvestmentsMemon Investments has grown to become a leading property player in the region offering a diversified portfolio of premium property projects. Guided by a tradition of excellence, the developer's intense focus lies within its core competencies, specifically acquisition, design and development, consultancy, leasing and management of properties. Leveraging the MemonMemon Group's extensive real estate development experience, Memon InvestmentsMemon Investments' UAE portfolio comprises of prestigious residential projects including Champions Towers I, II, III, IV and Frankfurt Sports Tower I in Dubai Sports City, Gardenia I & II in Jumeirah Village South, and its inaugural commercial venture, the Cambridge Business Centre in Dubai Silicon Oasis, all of which embody the developer's trademark top-notch quality and uniqueness.

Having delivered over 30,000 units across the globe with a presence in 90 countries spread across Asia, Africa, Middle East and Europe, the MemonMemon Group of Companies is presently commemorating its 30^th year of delivering unique offerings and services to its global customers. In addition to its extensive expertise in the real estate market, the Group has also built a strong reputation for its unwavering support for various causes such as poverty alleviation, environmental conservation and academic development. As a socially-aware international corporation, the Group has devoted 18 years in support of the Rabia Charitable Foundation and the Rabia Relief Fund.

For any questions or to arrange an interview please contact:
Ms. Princy Philip
Sr. Manager - Marketing & Corporate Communications
Memon InvestmentsMemon Investments LLC
P.O. Box 41950,
Dubai,
U.A.E
Tel: +971 4 2688111,
Fax: +971 4 2626455
Mob: +971 50 2590860,
Email: princy@memon.ae

CommuniGate Middle East
P.O. Box 66861,
Dubai,
U.A.E
Tel: +971 4 3988134
Fax: +971 4 3988137
Email: info@communigateme.com

© Press Release 2009

 

Community Comments (0) - Comment on this article

The opinions of the authors expressed herein do not necessarily state or reflect Zawya. Read our Comment Policy.

 

 

 

close x

Loading ...

 

close x

Report Abuse

Loading ...

 

 

close x

Loading ...