Carillion JV signs £125m Dubai contract
WOLVERHAMPTON construction and support services giant Carillion has signed a £125m agreement for the next phase of work on the Dubai Trade Centre District.
The deal has been agreed with its joint venture Al Futtaim Carillion (AFC) by Dubai World Trade Centre.
Carillion Joint Venture signs £125 million contract for Phase 1A5 of Dubai Trade Centre District
The Dubai Trade Centre District (DTCD) is a major development located between the current Dubai International Convention and Exhibition Centre and Emirates Towers in the city’s Central Business District.
This phase comprises a 178,000 sq m development and includes two high-specification office buildings of eight and twelve storeys. The contract is scheduled for completion in quarter three of 2017.
AFC is nearing completion of the earlier phase, which was awarded in 2014 and this latest award takes the overall value of AFC’s work on this site to around £200m.
The DTCD development will include international Grade A quality offices.
Carillion chief executive Richard Howson said: “We are delighted to have been selected for the second phase of this major development in Dubai, where we continue to see more opportunities coming to market for which our capabilities and reputation for delivering to high standards of quality, safety and reliability are important to customers.
“We look forward to continuing our close relationship with Dubai World Trade Centre to deliver this important development.”
