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Sun 24 Feb 2008 03:08 AM

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Arabtec wins $75mn Jordan deal

Damac awards contract for two buildings at its Abdali Development Project in country's capital Amman.

Dubai-based Arabtec Holding said on Saturday it won a 277 million-dirham ($75.44 million) contract with a partner to construct two buildings in Jordan.

Arabtec and Jordan's Engineering Enterprises Company won the contract from Damac Investments, Arabtec said in a statement.

The two buildings, one 36-storeys and the other seven storeys, at the Abdali Development Project in Amman will take 29 months to complete, said Arabtec, the largest UAE construction firm by market value. (Reuters)

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