Dubai: Arabtec unit wins AED250mn Opera District MEP works deal
Dubai-based contractor, Arabtec Holding, announced that its wholly-owned subsidiary, Emirates Falcon Electromechanical Co (EFECO) has entered into a contract with TAV Tepe Akfen Construction for an AED250mn mechanical, electrical, and plumbing (MEP) works of Tower A2 and A3 of Plot A in the Opera District by Emaar Properties.
The project consists of MEP works for two Towers, A2 and A3, with a common basement in Plot A of the Opera District in Downtown Dubai.
The total number of apartments is 809 over a built-up area of 22ha. The project works will commence in January 2018 for a duration of 34 months, according to a company statement on Dubai Financial Market (DFM).
Group chief executive officer, Hamish Tyrwhitt, commented: “We are pleased that EFECO has been awarded the Opera District project. We look forward to working on another project for Emaar Properties as we continue to build on our solid relationships in our core markets.
Set to promote the arts, culture, and events scene by ensuring global exchange and promoting local talent as well as serve as a vibrant events venue, The Opera District will feature luxury hotels, elegantly designed residential and serviced apartments, a retail plaza, waterfront promenades, recreational spaces, and parks.