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| 13 June, 2018

Arabtec unit wins $32mlm Emaar deal

Creek Horizon towers, which include 550 apartments

Image for illustrative purpose.
Arabtec logos are seen on buildings under construction in the Marina area of Dubai.

Image for illustrative purpose. Arabtec logos are seen on buildings under construction in the Marina area of Dubai.

REUTERS/Steve Crisp
Dubai –  Arabtec Holding announced that its subsidiary Emirates Falcon Electromechanical Company (EFECO) was awarded a contract for a project by Emaar Properties.

EFECO has won the contract from the main contractor AFC regarding mechanic, electric, and sanitary works for a land plot in Emaar’s Dubai Creek.

The contract has a total value of AED 117 million, according to a bourse statement on Wednesday.

Creek Horizon towers, which include 550 apartments, are located close to Creek Side 18 project, which is being developed by EFECO as well.

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Mechanics and other works in the project are expected to kick off this month and extend for another 20 months.

Source: Mubasher

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