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Arabtec picks up Amman contract

by Rob Wagner on Saturday, 24 May 2008
Arabtec’s Business Heights contract in Amman, Jordan,is worth US $14.5 million.

Arabtec/EEC JV Construction has picked up a US $14.5 million (JOD10.2 million) contract to construct the Business Heights tower in Amman, Jordan.

The 20-storey commercial tower will be built in Jordan's Abdali master plan development. It will be located at Naboulsi Gate within the Abdali area. It's part of a mixed-use development that includes a business lounge, health club and retail stores.

The project is one of several in Amman that will change the city's landscape in the next decade. Business Heights coincides with the 200m Limitless Towers development that is also being constructed in Amman.

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Riad Kamal, CEO, Arabtec, said: "We are proud to be recognised as the main contractors for Business Heights. This comes at a perfect time for us, a time when we can see ourselves contributing fruitfully to the development of Jordan's national economy.

Arabtec recently signed an agreement with the Abu Dhabi-based Tourism Development and Investment Company to design and build phase one of the $544.5 million Saadiyat Beach Residences community on Saadiyat Island.

The client is Damac Properties, which drew bad press in March over attempts to cancel its sold-out Palm Springs project in Dubai.

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