Al-Habtoor is the latest firm to be awarded a sector contract on the JBR project. Others include the local Arab Technical Construction Company (Arabtec), which has been awarded a two-year contract worth AED 1,650 million ($450 million) to build 13 towers in sectors 1 and 3; and Al-Shafar General Transport & Contracting Company, also local, which has been awarded the sector 6 contract (MEED 16:4:04).
Other contracts, including sector 5, are pending on the development, which involves the construction of 35 towers offering 3,000 apartments, extensive retail space and recreational facilities. The JBR project is due for completion in 2006.
The project manager is the UK's Mace International. Dubai Technology, e-commerce & Media Free Zone Authority (Tecom) is the client.
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