Oger’s construction contract was terminated in January
Dubai-based Daman Real Estate Capital Partners has selected the local/Australian Al-Habtoor Leighton Group for the contract to complete its half finished Buildings by Daman project at the Dubai International Financial Centre (DIFC).
According to sources involved with the project, Al-Habtoor Leighton will complete the development, which is a mixed-use residential and commercial complex consisting of two towers.
The move follows Daman’s decision in January to terminate the project’s contractor Oger Dubai. Daman says the decision was made due to Oger’s disappointing performance (MEED 31:1:10).
Oger Dubai, which is the local affiliate of Saudi Oger, won the estimated AED1bn ($272m) main construction package on the project in 2007.
US-based Hill International is the project manager (MEED 16:02:07).
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.