Known as the Al-Bustan project, the contract involves the construction of five 17-storey towers above a five-level carpark and includes a hotel, office tower, serviced apartments and retail and food outlets.
Completion is expected in October 2010. The client is the local Al-Hamid Group.
The contract is the latest secured by Al-Habtoor in Abu Dhabi. It was recently awarded the estimated AED7bn ($1.9bn).Tameer Towers project on Reem Island in a joint venture with South Africa’s Murray & Roberts Contractors (Middle East) and Saudi-based Al-Rajhi Contracting (MEED 4:6:08).