Work on 6 buildings across the campus to be completed within a year
Dubai, UAE; February 25, 2008: Multiforms, the Dubai-based architectural façade specialist and associate company of Emaar Industries & Investments (EII), has won an AED 250 million (US$68 million) contract from Saudi Oger, the primary construction contractor of the King Abdullah University of Science & Technology (KAUST) campus.
Under the contract, which could go up to AED 350 million (US$95 million) depending on the developer's requirements, Multiforms will undertake stonewall cladding for six buildings and install curtain walls, louvers, titanium, cladding and doors to four main buildings. The external cladding will be completed within a year of commencement of work. The Multiforms cladding is expected to be a valuable addition to the developers' aim of having a minimal environmental footprint, without compromising on the aesthetic value.
Dr. Ahmad Khayyat, Chief Executive Officer, EII, said: "Following our partnership with Multiforms, the company is fast consolidating its reputation in undertaking challenging cladding works and has built a strong geographic footprint in the region and abroad. The work on KAUST further highlights the project execution skills of Multiforms."
Mr. Firas Al Rifai, CEO, Multiforms said: "We are extremely pleased to be part of this development that will set the standard of educational institutions in the region. Our design team will diligently oversee the details of the project to ensure that it is on par with highest international standards. It is an honour to have been chosen to play a direct role in enhancing the aesthetic value of this prestigious educational institution."
KAUST, currently under construction over an area of 26 million sq m along the Red Sea coast at Thuwal, serves as a premium graduate-level research university comprising interdisciplinary research institutes. These institutes cover several topics including: resources, energy and the environment; biosciences and bioengineering; materials science and engineering; applied mathematics and computer science. The KAUST campus is expected to open its doors to students and faculty in September 2009. The main consultant for the project is Houston, USA based HOK.
Multiforms, an associate company of Emaar Industries & Investments, is involved in the manufacturing, supplying and installation of a wide range of advanced architectural façade materials including an array of Aluminum cladding, curtain walling, windows and doors. It has contracts secured for an array of projects in the UAE, the GCC region and Europe.
-Ends-
About Emaar Industries & Investments:
Emaar Industries & Investments (EII), a member of Emaar Properties PJSC, is a private joint stock company established in August 2005, to capitalise on the growth prospects of the Middle East and North Africa (MENA) and South Asian manufacturing sector as a strategic investor and partner. EII strengthens industries by investing in existing businesses and establishing joint ventures with leading establishments. Since inception, the company has succeeded in creating an impressive brand that inspires confidence in investors.
EII is dedicated to investing in sustainable companies and projects that are economically beneficial and commercially sound. EII is focused on maximising its subsidiaries' long-term value, exposing them to industrial best practices, improving corporate governance, providing a solid and flexible capital base and ensuring sustainable cash flow.
EII focuses on exploiting the potential of the fastest growing sectors in the region, including building materials, FMCG, healthcare, metals, engineering industries including equipments & machineries, electronics & electrical equipment, and chemicals & petrochemical products. For more details, visit our website: www.eii.ae
About Multiforms:
Multiforms was established in 1997 in Dubai as a specialist in aluminium and UPVC fabrication and installation. Multiforms is increasingly prominent as a manufacturer and supplier of custom aluminum window extrusions, doors, curtain walling, cladding and an extensive range of advanced architectural materials. In the rapidly growing Middle East market, particularly the United Arab Emirates, the company achieved substantial growth to become one of the largest UPVC supply and installation companies. Regionally, the company is currently expanding, diversifying, setting trends, and raising quality standards to serve its customers' needs and requirements. For more information, visit: www.multiforms.ae
For further information, please contact:
Shermin Mheidly
Emaar Industries & Investments
Tel: (+971 4) 427 4890
Fax: (+971 4) 427 4891
E-mail: smheidly@eii.ae
Kelly Home / Adnan Abdel-Razzak
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East & North Africa
Tel: (+971 4) 334 4550;
Fax: (+971 4) 334 4556
E-mail: k.home@asdaa.com, a.razzak@asdaa.com
© Press Release 2008
