Lebanese firm forms joint venture with local contractor for tower in Mumbai
A joint venture of Lebanon’s Arabian Construction Company (ACC) and India’s Simplex Infrastructures has been awarded a contract to build a residential tower in Mumbai, India.
When completed, the 442-metre tall structure will be the tallest building in India and the second tallest residential building in the world.
The 117-storey tower will consist of residential apartments, swimming pools and other leisure and entertainment facilities. The development will also contain an 18,000 square metre elevated park and an observatory lounge located 305 metres above ground level.
The World One tower was designed by US-based Pei Cobb Freed & Partners, formerly IM Pei & Partners.
The client for the project is the local Lodha Developers.
“This is our first venture into India, and we are very pleased to be working on such a prestigious project with India’s leading developer. We are proud to contribute our resources and expertise in high-rise construction that we have developed in the Gulf,” said Ghassan Merehbi, chairman of ACC.
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