Ajman 1 tender worth $408m to be awarded

by Conrad Egbert Tuesday, 03 July 2007

The $408 million (AED1.5 billion) main construction package for the first phase of the Ajman 1 project is expected to be awarded by the end of this month.

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"Five out of eight companies have made it to the shortlist and one will be selected by the end of this month," said Rami Dabbas, CEO, Aqaar Properties - the company overseeing the development of Ajman 1.



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