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Dubai - Arabtec said its unit Target Engineering Construction has been awarded a contract by Emaar for Dh950 million.
The contract scope includes the construction of the podium and twin towers in a residential development in Downtown Dubai, the company said in a bourse statement. The duration of the contract will be 40 months.
“The award of Forte Phase 1 & 2 to Target Engineering demonstrates the strength and confidence of the Groups’ relationship with Emaar
Properties,” Hamish Tyrwhitt, Group Chief Executive Officer said in a statement.
The contract scope includes the construction of the podium and twin towers in a residential development in Downtown Dubai, the company said in a bourse statement. The duration of the contract will be 40 months.
“The award of Forte Phase 1 & 2 to Target Engineering demonstrates the strength and confidence of the Groups’ relationship with Emaar
Properties,” Hamish Tyrwhitt, Group Chief Executive Officer said in a statement.
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