Bouygues hits Dubai with Ritz-Carlton job


  • Share via facebook
  • Tweet this
  • Bookmark and Share

Global construction giant Bouygues has touched down in Dubai with the contract to build the new Ritz Carlton Hotel at Dubai International Financial Centre (DIFC).

The company has negotiated a contract with developer Union Properties to build the new hotel, after tying up with a local joint venture partner.

The 330-room building will also include 121 serviced and managed apartments, and is due to open in 2008. It will be the second Ritz Carlton in Dubai and the fifth in the Middle East. The 15-storey building will include 2,000m2 of conference space and a 2,100m2 health club.

The French firm is in the top five of the world’s largest construction companies and its arrival in the UAE represents a significant addition to the top tier of big name contractors currently operating in the region.

The multi-disciplinary contractor has interest spanning telecoms, road building and mainstream building contracting. Earlier this month, the company announced profits of around US $1 billion, and it expects sales to reach $30 billion in 2006.

Paris-based Bouygues spokesman, Hubert Engelmann, declined to comment in detail on the award ahead of an announcement due to be made this week.

He said: “I can confirm that Bouygues has won the second Ritz-Carlton hotel contract in Dubai but we cannot make an official announcement until we gain approval from the client itself. We expect that to be the middle of next week.”

Ritz-Carlton hopes its latest addition in the region will attract business travellers visiting Dubai’s new financial hub, currently taking shape just off Skeikh Zayed Road.

DIFC has announced a string of new occupiers in recent months, including some major international finance groups, such as Morgan Stanley and Barclays Capital.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Features & Analysis
Women edge into Gulf boardrooms as economies, societies shift

Women edge into Gulf boardrooms as economies, societies shift

Amina al-Rustamani, CEO of TECOM Investments, is leading the...

2
Concerned for stability, Saudi Arabia tightens curbs on dissent

Concerned for stability, Saudi Arabia tightens curbs on dissent

Gulf kingdom intensifies crackdown on domestic dissent, raising...

Saudi dynasty moves to forestall succession crisis

Saudi dynasty moves to forestall succession crisis

Appointment of Prince Muqrin as deputy crown prince is first...

Most Discussed
  • 54
    Three UAE women attacked with hammer at London hotel

    I really feel that Arabian Business.Com should now close this comments page. This should be all about sympathy for the families not what it is/has turned... more

    Wednesday, 16 April 2014 1:06 PM - Adrienne
  • 51
    Why Dubai isn't a plastic city

    What is definitely not a plastic city. The Arabs have a culture dating back to several centuries. 50 years back Dubai was just a fishing village. Today... more

    Tuesday, 8 April 2014 3:49 PM - P. MADHUSUDAN
  • 48
    DMCC boss Ahmed Bin Sulayem entertains Robert Mugabe in Dubai

    @fga ''However today, simply because he decided to dispossess a few white farmers of their land and redistribute to the poorer indigenous blacks'' more

    Sunday, 13 April 2014 3:02 PM - Matt Williams