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FINANCIAL NEWS
Arabtec awards DSI MEP contract for the Fairmont Abu Dhabi Hotel
16 Jul 2013
(MENAFN) Drake & Scull International PJSC (DSI) has won Mechanical, Electrical and Plumbing (MEP) contract worth USD63.4 million from Arabtec Construction LLC for the Fairmont Abu Dhabi Hotel and Serviced Apartments, the firm said in a press release.
The Fairmont Abu Dhabi Hotel and Apartments Towers are owned by the National Investment Corporation (NIC), who awarded Arabtec a contract to carry out the main construction of the project in February 2013.
DSI said it will mobilize on site immediately and is scheduled to complete all MEP works on the project by June 2015.
This iconic development, built on an overall area of 155,000 square metres, will have an extensive water frontage and will be an integrated development of 5-star hotels and serviced apartments.
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