Jan 17 2011 |
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Arabtec awarded the ADNOC underground car park project in Abu Dhabi and Al Marassi Project in Egypt For a Total Value of AED 356 million
Arabtec Construction LLC received a Letter of Award from Abu Dhabi National Oil Company ( ADNOC ) to build the ADNOC underground car park at the ADNOC Headquarters Compound Development in Abu Dhabi. The project is valued at AED 219 million and will take 24 months to complete.This project consists of a 3 level underground car park, covers an area of approximately 22,741 square meters and provides a built up area of 65,340 square meters with approximately 1575 car parking spaces.
The project will be located beneath the public park site adjacent to the existing ADNOC headquarters building located at the intersection of Corniche and Bainunah Street, Abu Dhabi.
The project consists of 74 luxury Villas and 30 town homes as part of Al Marassi project in Sidi Abdul Rahman in North Coast - Arab Republic of Egypt.
-Ends-
About
Arabtec
:
Arabtec Holding PJSC
, formerly known as Arab Technical Construction Company PJSC, is a Public Joint Stock Limited Liability Company formed in 2004 to invest in the contracting sector through establishing, acquiring and owning shares in construction related companies in the UAE and abroad.
Arabtec Construction LLC
, Austrian Arabian Ready Mix Concrete Co. LLC and Arabtec Pre-cast LLC are wholly owned subsidiaries of
Arabtec
.
Arabtec Construction Company LLC
, the company behind the world renowned and iconic Burj Khalifa and widely recognised as one of the top construction companies in the UAE.
Arabtec Holdings
was formed to invest in the construction sector. The company relies on a highly motivated management team with vast experience in the contracting sector. Mr Riad Kamal, a founding shareholder, has overseen the development of several construction projects in Dubai and Abu Dhabi since 1975, many of which are considered landmarks in the UAE and soon to be recognised worldwide. Some of these buildings and landmarks include the Jumeirah Beach Residences, Al Mazaya Sky Gardens, Emirates Hills Developments as well as DIFC Gate Village.
For further information, please contact:
Bassam N Dean
SAHARA Communications
+971 50 956 6829
Bassam@saharagcc.com
www.saharagcc.com
© Press Release 2011
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