FINANCIAL NEWS

Dubai’s Arabtec secures USD197m project in Jordan

26 May 2013

(MENAFN) Arabtec announced that it has secured a USD197-million contract in Jordan from Abu Dhabi’s developer Al Maabar to build a hotel and residential project, reported Reuters.

The contractor, part owned by Abu Dhabi’s Aabar, will build 3 buildings; each consisting of 17 storeys in Amman.

It also said that the project will be finished within 33 months after starting in July.

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