Monday, 24 November 2008
updated 1 minute ago
00:46 UAE time

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Arabtec bags US $163 million Emaar contract

by ArabianBusiness.com staff writer on Saturday, 26 July 2008

Arabtec construction has won a US $163 million (AED599 million) contract from Emaar to design and construct 550 villas at Warsan Development in Dubai.

The construction period is 30 months with the villas being delivered in phases.

Arabtec Holding CEO Riad Kamal, said: "Arabtec has proved itself in the construction sector through its success in running various projects, which ranked Arabtec as a leading construction company in the market."

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Arabtec has extensive experience in constructing high quality villas, and completing projects on schedule.

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