Dubai Investments confirms AED 460 million Fujairah Business Centre project ahead of schedule

Dubai Investments confirms AED 460 million Fujairah Business Centre project ahead of schedule
Photo source
www.dubaiinvestments.com
Dubai Investments PJSC has announced that work on the AED 460 million Fujairah Business Centre project, developed by its joint venture entity Al Taif Investment, is 20.5% complete and on track to finish in June 2020, well ahead of its scheduled completion date of Q4 2020.

The joint venture between Al Taif Investment and Fujairah Investment Establishment will have a total built-up area of 96,400 square meters, offering a 19-level office tower and 19-level hotel and apartment tower as well as a shopping mall and retail area with parking for over 670 vehicles. Dubai Investments MD and CEO Khalid Bin Kalban recently toured the site with the Board of Directors, and received a status update on the project.   

The hotel tower is now 18 floors high, with just two slabs left to cast and complete while the office tower has eight slabs still to complete. Mechanical, electrical and plumbing work on the project is ongoing, with the team close to finishing all block work. The team is carrying out procurement and the project is at a stage where interior décor, furniture and fitting project will be awarded.

Khalid Bin Kalban said: “The Fujairah Business Centre project has been strategically planned for a specific location which will address market requirements, create investment and business opportunities and also to set benchmarks in terms of urban development. It was a real pleasure to see that the project is progressing ahead of schedule, it will offer some real opportunities in terms of business and investment.” 
     
The Fujairah Business Centre is located in the Fujairah town centre, overlooking the Grand Mosque. China State Construction Engineering Corporation Middle East is project construction contractor with Dewan Architects and Engineers project consultant. 

Al Taif Investment is a collaborative effort between Dubai Investments PJSC and Fujairah Investment Establishment (FIE), the investment arm of the Fujairah Government.

600450 Dubai Investments confirms AED 460 million Fujairah Business Centre project ahead of schedule glassonweb.com

Others also read

Glass meets aesthetic, energy performance demands for LEED-certified Chicago tower.
When the bicycle manufacturer SCOTT, originally based in the US, expanded to Europe in the early 1990s, it found a suitable location in Western Switzerland.
The building’s façade combines solid masonry walls and windows arranged to relate to the position of the sun.
Sand Palace stands up to Hurricane Michael, setting the standard for future homes.
GCC and the wider Middle East were recognised for standout construction opportunities based on responses from nearly 6,000 global industry professionals from 136 countries.
The Big 5 2019 kicks off with six specialised events providing solutions across the full construction value chain.

NEWS RELATED PRODUCTS

sedak GmbH & Co. KG
sedak GmbH & Co. KG

Add new comment