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Sat 13 Oct 2007 04:00 AM

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ALEC all set for two new contract awards

Al Jaber Engineering and Contracting (ALEC) is set to build two hotel projects in Abu Dhabi.

Al Jaber Engineering and Contracting (ALEC) is set to build two hotel projects in Abu Dhabi.

The company has secured a contract for the construction of a resort hotel on TDIC's Saadiyat Island.

The original contract estimate was valued at US $218 million (AED 800 million), although Kez Taylor, managing director of ALEC, has said that the concept is still being finalised, so it isn't possible to put an exact figure on the contract.

Taylor expects construction to start early in 2008. The client is Al Jaber Group.

ALEC is also in negotiations with ALDAR for a contract to build a hotel on the Yas Island development.

"The client has completely redesigned the concept, so the project is delayed a little. But we are in talks," said Taylor.

The two contracts are the latest in a string of deals secured by ALEC, which is a wholly owned subsidiary of the Al Jaber Group.

In August, the company was awarded a $571 million contract from Majid Al Futtaim Group to build the Mirdif City Centre shopping mall, which will be of similar size to the Mall of the Emirates at approximately 500,000 m2. Work began on site in September.

In the same month, ALEC won a $176 million contract to build the Qasr Al Sarab Desert Resort & Spa in Liwa, Abu Dhabi, along with a $146 million contract extension to the 150,000m2 Dubai Marina Mall and Hotel project.

The contract involves the construction of Marina Plaza, a stand-alone office tower that will be linked to the completed Dubai Marina Mall.

ALEC's other projects include the Between the Bridges in Abu Dhabi - which is nearing completion - the Mina A'Salam hotel in Madinat Jumeirah, the Kempinski Hotel in Dubai and Media One (Al Jaber Tower) at Dubai Media City.

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