16 July 2005
Dubai Metals and Commodities Center (DMCC) and Nakheel who has been assigned project manager for Almas Tower, announced that they have recently awarded the construction contract of the tower to Taisei Corporation of Japan. The tower will be a landmark building, purpose-built to cater to the specific needs of the diamond industry and will house the Dubai Diamond Exchange, the only diamond exchange in the region.
The 65-floor tower surrounded by lakes will also accommodate offices of leading banks, insurance companies, security companies, major international auction houses and educational institutes.
"The Almas Tower is set to become one of the most stunning structures in Dubai and will be the base for several prominent companies. This made it extremely vital to choose a renowned construction company like Taisei Corporation who could fully meet our requirements," said Ahmed bin Sulayem, Chief Operating Officer, DMCC. "The Almas Tower will be the highest office tower in the region, and a unique addition to Dubai's skyline. The tower will house all leading international and regional players in the diamond sector in a single state-of-the-art facility, and will considerably boost Dubai's profile in the global diamond industry."
The Taisei Corporation was established 131 years ago, and has ever since been involved in a range of projects in Japan and overseas. Taisei is a member of the Marubeni-led consortium of companies involved in a mega project for the supply and installation of a water transmission pipeline in Abu Dhabi.
"Use of cutting-edge technology in construction and design has been the hallmark of Taisei over the years," said Tatsuya Sugawara, Manager, Marketing and Business Development, Taisei Corporation. "We have a highly experienced and skilled team of engineers and designers who are committed to achieving international quality standards in their work. Taisei is pleased to have been awarded this contract and to be associated with a prestigious project like the Almas Tower."
The Dubai Metals and Commodities Centre is a strategic government initiative that integrates the refining, manufacturing and trading of gold in Dubai, while introducing the trading of other precious metals such as platinum, palladium and silver. DMCC is facilitating the development and expansion of the regional metals market by working with regional and international partners.
As the premier real estate developer in the region, Nakheel's portfolio includes a breadth of iconic properties such as The Palm, The World, International City, The Gardens, Ibn Battuta Shopping Mall, Jumeirah Islands, Jumeirah Lake Towers and Discovery Gardens.
- Ends -
About Nakheel
DMCC is a strategic initiative of the Dubai government created to establish a commodity market place in Dubai. It provides industry-specific market infrastructure and a full range of facilities for the gold and precious metals, diamonds and coloured stones and commodities industries.
Nakheel is the uniquely focused property development company behind a variety of new landmark developments in Dubai. It aims to redefine the concept of property development whether residential, tourist, commercial or retail. Nakheel's portfolio currently includes The Palm, Jumeirah with the Atlantis, a 2,000 room resort and water theme park located at its crescent, The Palm Jebel Ali, The Palm Deira, The World, Jumeirah Islands, The Gardens, Ibn Battuta Mall, Jumeirah Lake Towers, Discovery Gardens, Lost City, Jumeirah Village and The International City, (comprising The Dragon Mart, The Central District, Dubai Design Centre, The Residential District, Lakes District, and The Forbidden City). The newly launched Dubai Waterfront, which is the largest waterfront development in the world, is also part of Nakheel's portfolio.
For more information, please contact:
Khudr
Tel: 00971 4 3988901
E-mail: khudr@orientplanet.com
Orient Planet
PR and Marketing Communications
P O Box 23345
Dubai
UAE
Tel: 00 971 4 3988901
Fax: 00 971 4 3988941
E-mail: info@orientplanet.com
Website: www.orientplanet.com
Dubai Metals and Commodities Center (DMCC) and Nakheel who has been assigned project manager for Almas Tower, announced that they have recently awarded the construction contract of the tower to Taisei Corporation of Japan. The tower will be a landmark building, purpose-built to cater to the specific needs of the diamond industry and will house the Dubai Diamond Exchange, the only diamond exchange in the region.
The 65-floor tower surrounded by lakes will also accommodate offices of leading banks, insurance companies, security companies, major international auction houses and educational institutes.
"The Almas Tower is set to become one of the most stunning structures in Dubai and will be the base for several prominent companies. This made it extremely vital to choose a renowned construction company like Taisei Corporation who could fully meet our requirements," said Ahmed bin Sulayem, Chief Operating Officer, DMCC. "The Almas Tower will be the highest office tower in the region, and a unique addition to Dubai's skyline. The tower will house all leading international and regional players in the diamond sector in a single state-of-the-art facility, and will considerably boost Dubai's profile in the global diamond industry."
The Taisei Corporation was established 131 years ago, and has ever since been involved in a range of projects in Japan and overseas. Taisei is a member of the Marubeni-led consortium of companies involved in a mega project for the supply and installation of a water transmission pipeline in Abu Dhabi.
"Use of cutting-edge technology in construction and design has been the hallmark of Taisei over the years," said Tatsuya Sugawara, Manager, Marketing and Business Development, Taisei Corporation. "We have a highly experienced and skilled team of engineers and designers who are committed to achieving international quality standards in their work. Taisei is pleased to have been awarded this contract and to be associated with a prestigious project like the Almas Tower."
The Dubai Metals and Commodities Centre is a strategic government initiative that integrates the refining, manufacturing and trading of gold in Dubai, while introducing the trading of other precious metals such as platinum, palladium and silver. DMCC is facilitating the development and expansion of the regional metals market by working with regional and international partners.
As the premier real estate developer in the region, Nakheel's portfolio includes a breadth of iconic properties such as The Palm, The World, International City, The Gardens, Ibn Battuta Shopping Mall, Jumeirah Islands, Jumeirah Lake Towers and Discovery Gardens.
- Ends -
About Nakheel
DMCC is a strategic initiative of the Dubai government created to establish a commodity market place in Dubai. It provides industry-specific market infrastructure and a full range of facilities for the gold and precious metals, diamonds and coloured stones and commodities industries.
Nakheel is the uniquely focused property development company behind a variety of new landmark developments in Dubai. It aims to redefine the concept of property development whether residential, tourist, commercial or retail. Nakheel's portfolio currently includes The Palm, Jumeirah with the Atlantis, a 2,000 room resort and water theme park located at its crescent, The Palm Jebel Ali, The Palm Deira, The World, Jumeirah Islands, The Gardens, Ibn Battuta Mall, Jumeirah Lake Towers, Discovery Gardens, Lost City, Jumeirah Village and The International City, (comprising The Dragon Mart, The Central District, Dubai Design Centre, The Residential District, Lakes District, and The Forbidden City). The newly launched Dubai Waterfront, which is the largest waterfront development in the world, is also part of Nakheel's portfolio.
For more information, please contact:
Khudr
Tel: 00971 4 3988901
E-mail: khudr@orientplanet.com
Orient Planet
PR and Marketing Communications
P O Box 23345
Dubai
UAE
Tel: 00 971 4 3988901
Fax: 00 971 4 3988941
E-mail: info@orientplanet.com
Website: www.orientplanet.com
© Press Release 2005
