Al-Futtaim Engineering wins prestigious contracts worth AED 83m |
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Dubai, July 29, 2010: Al-Futtaim EngineeringAl-Futtaim Engineering
, one of the leading multi-disciplinary engineering organisations in the UAE, today announced the company has won major contracts worth AED 83 million for supply and installation of Hitachi and LM lifts in key real estate projects in UAE.The contracts will see the Al-Futtaim group company's Elevators' Division supply 79 elevators and 12 escalators for major real estate projects including the Nation Towers and the Investment Council Headquarters in Abu Dhabi and the Al Hikma Tower project in Dubai.
The announcement follows recent research reports that the UAE construction industry is expected to grow at a compounded annual growth rate of around 20 percent from 2010-2013.
Dawood Ozair, Managing Director - Al-Futtaim EngineeringAl-Futtaim Engineering said real estate construction activity is picking up across the UAE after a slow 2009. "We are delighted to be partners in some of the biggest and prestigious real estate projects in the country. The three projects further endorse Al-Futtaim EngineeringAl-Futtaim Engineering's core competencies as one of leading vertical transportation solution provider in the UAE," he said.
The 64-floor Nation Towers project in Abu Dhabi will be supplied and installed with 45 Hitachi elevator units and eight escalators.This mixed-use project includes a 350-room 5-star hotel, serviced apartments, loft apartments, office space and an up-market niche retail destination with a total built up area of 300,000 square metres. The project which was awarded by Arabtec and National Projects & Construction (NPC) is expected to be completed by the end of next year.
The 29-level Investment Council HQ Tower project was awarded by Al-Futtaim Carillion. Al-Futtaim EngineeringAl-Futtaim Engineering will supply 22 Hitachi elevators and four escalators which feature the Destination Control Selection technology for added convenience. The destination control feature allows guests to select the floor on an LCD terminal on the landings. The system then directs them to the most suitable elevator, thereby reducing waiting and travel times.
The contract was awarded in April and completion is scheduled for mid 2011.
Al-Futtaim EngineeringAl-Futtaim Engineering will also supply 12-high-speed elevators with destination control technology for the 61-floor Al Hikma Tower project in Dubai. The contract which was awarded by China State Construction was won in April this year and completion is expected in October 2011.
Syed Shamsul Haq, General Manager - Elevators division - Al-Futtaim EngineeringAl-Futtaim Engineering said: "These prestigious contracts demonstrate strong confidence in Al-Futtaim EngineeringAl-Futtaim Engineering's reputation for quality products and excellent project management capabilities. Our expertise, years of experience and support from our principals, will enable our project teams to meet the highest levels of delivery standards."
- Ends -
About Al-Futtaim EngineeringAl-Futtaim Engineering
Al-Futtaim EngineeringAl-Futtaim Engineering is a multi-disciplinary engineering organisation operating across the UAE and Qatar with over 30 years of successful operations. This Al-Futtaim group company provides total solutions to the Building Industry through its proven expertise in MEP, Elevators & Escalators, Security & Low voltage Systems, Air-conditioning, Building products and Scaffolding & Formwork. The company continues to successfully represent strong international brands like Hitachi, Sanyo, Toto, LM and Chubb amongst others. Al-Futtaim EngineeringAl-Futtaim Engineering is a certified ISO-9001:2000 company. For more information, please visit: http://www.engineeringuae.com/.
For more information, please contact:
Lejo Johnny
Senior PR Executive
GMASCO Marketing Communications
An Al-Futtaim group company
Tel: +971 4 228 2101
Mobile: +971 50 453 7023
Email: lee.j@gmasco.com
Web: www.al-futtaim.com
© Press Release 2010
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