29 March 2004

DUBAI - The Dubai-based realty major Saba Group yesterday announced awarding the piling and foundation contract for the Dh170 million project to Abu Dhabi-based Dutch Foundation Co. LLC., kicking off development of the pioneering 36-storey freehold Saba Tower at the Jumeirah Lake Towers.
 
A top official of the Saba Group said mobilisation of the work area has already begun, preparing the ground for the construction of one of the UAE's first freehold office towers.
 
Behrouz Javaheri, Chairman, Saba Group said: "We have chosen Dutch Foundation Co. because of the company's unmatched quality track record in piling and foundation work in the UAE as well as across the AGCC. We wanted best-of-the-breed partnerships to lead the Saba Tower development to ensure that the project will tower above other similar developments."
 
He said Dutch Foundation was chosen after a round of strict evaluation and assessment in which many pile foundation majors short-listed earlier were scrutinised for their quality, experience and capability in executing mega projects.
 
Salim Khoury, General Manager, Dutch Foundation Co. said: "We consider it as an honour to be part of the pioneering Saba Tower development. Over the last 15 years, we have built a good reputation executing 800 projects in the UAE alone."
 
He said the company deploys the most modern equipment and technology and cited the use of latest high-tech rig machines, which have been used for big and prestigious projects like Interchange IP-69 in Abu Dhabi, giant LNG tanks in Raslaffan among others. The company came into being in 1989 and has now branches in Dubai, Qatar, Sharjah and Sultanate of Oman.
 
The reputed UK-based architectural and design firm, RMJM are the primary consultants for project that offers office space to businesses at a competitive rate of Dh500 per square feet. The project offers office space ranging from 1132 square feet to an entire floor of more than 9000 square feet.
 
"We are convinced that Dutch Foundation is the ideal partner for our very first project in Dubai which in its spirit as well as execution is a trendsetter, allowing businesses to own their own office space, a completely new development in the regional real estate and construction sector," Javaheri said. Saba Tower, announced in July 2003, is the first project of the Saba Group that will come up on an area of 330,000 square feet in the heart of the new growth corridor of Dubai along the Shaikh Zayed Road.

BY A STAFF REPORTER

© Khaleej Times 2004