Joint venture business Al Futtaim Carillion (AFC) has signed a contract worth approximately £125 million with the Dubai World Trade Centre to deliver the next phase of work on the Dubai Trade Centre District (DTCD).
This phase of the development located between the current Dubai International Convention and Exhibition Centre and Emirates Towers in the heart of the city’s Central Business District, comprises a 178,000 square metre site and includes two high-specification office buildings of eight and twelve storeys.
Work on the contract has already commenced and is scheduled for completion in Quarter 3 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 £200 million.
The DTCD development is being designed to best-in-class quality standards and this phase will include international Grade A quality offices, which has achieved LEED Gold precertification from the US Green Building Council. The technology solutions and infrastructure being planned are aligned with the Dubai Government’s Smart City strategic agenda.
Carillion chief executive, Richard Howson, welcomed this latest award, citing the UAE as a core market for Carillion, he 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.”