Al Futtaim Carillion wins $200mn One Central contract
Al Futtaim Carillion (AFC) has won a contract to deliver the next phase of One Central in Dubai, taking the total value of work awarded on the Dubai World Trade Centre project to date to AED 1.8bn ($490mn).
Phase 1A6 of One Central, located between the current Dubai International Convention and Exhibition Centre and Emirates Towers, comprises two Grade A office buildings of 12 and 8 storeys.
The contract, which is worth approximately AED 725mn ($197mn), will begin in January 2017 and is scheduled for full completion at the end of 2018.
AFC has already completed Phase 1A2 of the development, which is currently being leased and is working on Phase 1A5, which was awarded in October 2015.
Carillion Chief Executive, Richard Howson, said: We are delighted to have been selected for Phase 1A6 which is the third phase of the One Central development, where we continue to see good opportunities coming to market for which our capabilities and reputation for delivering to high standards of quality, safety and reliability are important to customers. We look forward to continuing our close relationship with Dubai World Trade Centre to deliver this important development.
One Central is being designed to best-in-class quality standards and this phase will comprise international Grade A quality offices, which has achieved LEED® Gold precertification from the US Green Building Council the industry benchmark for green building performance covering design, construction, operations and maintenance.