Contractor announced for Hydra Towers project

  • Share via facebook
  • Tweet this
  • Bookmark and Share
TOWERS CONTRACT: Hydra Properties has appointed a lead contractor for its project in Business Bay.

TOWERS CONTRACT: Hydra Properties has appointed a lead contractor for its project in Business Bay.

Hydra Properties has announced the selection of Kele Contracting as its lead construction contractor for Hydra Towers, a series of five high-rise buildings in Business Bay, Dubai.

Kele Contracting, which has worked with Hydra Properties on pre-tender construction and planning, has already started work on site, Hydra said in a statement.  

All enabling work, including shoring, piling and excavation activities, has been completed and the sub-structure works are now being carried out.

The company said work was on schedule for the planned completion date of the end of 2011 for the towers.

Hydra Towers consists of five high-rise buildings, of between 20 and 36 floors - one of the towers is dedicated wholly for businesses owned and operated by women.

Ali Bin Sulayem, chief executive of Hydra Properties, said:“We are pushing ahead with construction on many different projects in Abu Dhabi and Dubai, and we are delighted to report this progress on Hydra Towers.

“Kele Contracting is a well-respected company, sharing with us the focus on on-time delivery for our customers.”

Kele Contracting has an order book of contracts worth more than AED2.5 billion, all of which started in 2009 and all of which are currently under construction.

Related:
Companies
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

Posted by: Red Snappa

Who are the occupiers of these building going to be in , when the infrastructure at Business Bay lags so far behind other parts of Dubai.

If the development is truly three years behind schedule and 10% sold, as somebody comments, how can it possibly make commercial sense to build it, even calculating on final payments at first-half 2008 selling prices?

Posted by: Moncef

instead of scraping project with less than 10% sold, why dont you offer an alternative project. since you are running up to 3yrs late, and no hope of any inprovements in the horizon.

Posted by: moncef b.A. Hafsi

these 5 high rise hydra towers in Dubai, does it include the twin towers?

Posted by: moncef

custumors confidence is at its lowest level, no wonder, when for 3years my queries and many investors like me are unanswered till now. shouln'd you consider refunding the money you making out of bank interest to their ligitimate holders. The least you can do.

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearingTerms and conditions

Further reading

Features & Analysis
The world's most influential Arabs: Power defined

The world's most influential Arabs: Power defined

Putting together a list of the world’s most powerful Arabs is...

Oscar Niemeyer: The Boy from Brazil

Oscar Niemeyer: The Boy from Brazil

Orlando Crowcroft looks over the influence of Brazilian legend...

Arabian Business Rich List 2012: Money talks

Arabian Business Rich List 2012: Money talks

Welcome to the ninth edition of the Arabian Business Rich List...

1
Most Discussed
  • 37
    Dubai labourers stage rare strike for more pay

    As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more

    Wednesday, 22 May 2013 11:56 AM - Ty Say
  • 17
    Are there too many Brits in the UAE?

    Salman Al, perhaps nobody has informed you of the fact that Britain has been 'paying back' for decades now, in giving safe haven to a vast swathe of imigrants... more

    Wednesday, 22 May 2013 1:33 PM - Mark
  • 12
    Kuwait deports 1,258 expats in a month

    Well, it is their country, their rules..but i was thinking about the situation of firms who are forced to loose the staff, as I understand the firms got... more

    Wednesday, 22 May 2013 10:43 AM - Baiju Jaffar
  • 37
    Dubai labourers stage rare strike for more pay

    As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more

    Wednesday, 22 May 2013 11:56 AM - Ty Say
  • 24
    Kuwait to start medical care segregation on June 1

    Let me put the entire issue in perspective. There are massive traffic problems on the roads of Kuwait, where Kuwait can boast high road fatalities and... more

    Tuesday, 21 May 2013 1:28 PM - Abdullah
  • 17
    Are there too many Brits in the UAE?

    Salman Al, perhaps nobody has informed you of the fact that Britain has been 'paying back' for decades now, in giving safe haven to a vast swathe of imigrants... more

    Wednesday, 22 May 2013 1:33 PM - Mark
  • 54
    Emirates defends no staff bonus, despite huge profit

    Happy employees, happy customers. Quite simple actually. 60,000 unhappy staff, well, you do the math on how many unhappy customers can result from poor... more

    Monday, 20 May 2013 10:27 AM - Louie Tedesco
  • 42
    Qatar teacher jailed for insulting Muslims

    Islam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more

    Tuesday, 14 May 2013 9:58 AM - graeme
  • 37
    Dubai labourers stage rare strike for more pay

    As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more

    Wednesday, 22 May 2013 11:56 AM - Ty Say