Carillion secures £160m contract for Dubai development
THE Middle East construction services arm of Wolverhampton-based Carillion has been awarded a £160m contract to develop a new real estate project in Dubai.
Dubai World Trade Centre has awarded the contract to Al Futtaim Carillion (AFC), the joint venture project set up to deliver projects in the region.
AFC has already completed an earlier phase of the multi-million pound project and is also working on an ongoing phase of the development.
The latest contract is to deliver Phase 1A6 of ONE CENTRAL, a major integrated real estate development located between the current Dubai International Convention and Exhibition Centre and Emirates Towers in the heart of the city’s Central Business District.
This latest phase of the development has a built-up area of 182,500 sqm and comprises two Grade A office buildings of 12 and eight storeys.
The contract begins this month and is scheduled for full completion at the end of 2018.
AFC has already completed Phase 1A2 of this development, which is in the process of being leased and is currently delivering the contact for Phase 1A5, which was awarded in October 2015. This latest award takes the overall value of AFC’s contracts for the ONE CENTRAL development to £400m.
The ONE CENTRAL development is being designed to best-in-class quality standards and this new phase will comprise international Grade A quality offices, which has achieved LEED® Gold precertification from the US Green Building Council – the industry benchmark for green building performance covering design, construction, operations and maintenance.
The technology and infrastructure being planned are aligned with the Dubai Government’s Smart City strategic agenda.
Carillion chief executive, Richard Howson, said: “We are delighted to have been selected for Phase 1A6, the third phase of the ONE CENTRAL development, where we continue to see good 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.”
