Companies invited to bid for the main package, valued at up to $150 million, include: Al-Basti & Muktha (ABM), Al-Habtoor Engineering Enterprises, Al-Nekhreh Contracting (ANC), and Associated Construction & Investments (Ascon), all local; Lebanon’s Arabian Construction Company (ACC); Cyprus’ Joannou & Paraskevaides (J&P); and Turkey’s Tepe Akfen Ventures(TAV).

The development calls for the construction of a nine-storey building, with two basements and a ground floor, offering a total built-up area of 160,000 square metres. In addition, the successful bidder will build two 11-storey car parks with a total built-up area of 65,000 square metres and carry out some external works. The major works under the main contract are civil, structural, finishes, and a host of other specialist packages, which will be assigned by the client to the main contractor.

The project is to be implemented on a fast-track basis with contract completion set for 18 months. The consultant is the local Archon Engineering Consultants.