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The contractor said that it would be responsible not only for building the mall but also some of the substructures and superstructures for neighbouring elements.
The new mall will contain about 620 shops, including a pair of department stores and a 131,150-square-foot hypermarket.
The company only has a handful of retail units within its asset management portfolio but it is expected to add 198 serviced apartments until next year.
The father and grandfather of the founder of Ducon Industries, which makes building materials, worked in construction here before the UAE was formed. Now the company is set to expand and is using the internet to boost growth.
A Dutch company has won the contract for a new automated transport network in the emirate that will see driverless buses ferry passengers to and from Bluewaters Island.
The 1.1 million sq ft Masdar Institute Neighbourhood will contain one office building, two residential buildings and a plaza.
Danube founder Rizwan Sajan is confident of prospects of selling all of its new Dh300 million Resortz project within a month.
The state-owned company is the major shareholder of China Railways Group, which is listed as the second-biggest contractor in the world by the US-based trade title Engineering News Record.
The Middle East and this country in particular are regarded as vital to the world’s second-biggest economy’s ambitions to expand globally. Beijing sees the Emirates as a crucial waypoint on its trade links between East and West.
Chief executive Saeed Al Qatami says the company also has plans to develop a project in Dubai South, which will include its first townhouse project.
The deepening trade ties between China and the UAE has also meant that the 'soft infrastructure' supporting these should also be strengthened.
Ghantoot Gulf, Trojan General Contracting, China State and Commodore Contracting are among the firms awarded new deals.
Britian has expertise in delivering public-private partnership projects and is ready to share its experience
Egypt’s minister of transport says the country is targeting up to €14.4 billion worth of investment in rail and metro projects
The delayed Makkah Metro project has been negotiated and will probably be awarded as a public-private partnership arrangement, and similar projects in Jeddah, Dammam and Madinah may follow suit.
