Chinese take first Tamouh building package

21 July 2006
Local real estate developer Tamouh Investments has awarded Beijing-based China National Overseas Engineering Corporation (Covec) the estimated AED 500 million ($135 million) main construction package for zone B on its AED 5,000 million ($1,360 million) Marina Square development on Reem island.
The 32-month contract involves the construction of
two 43-storey residential towers sitting on top of a common podium with a total built-up
area of about 86,000 square metres. The local Dutch Foundation has completed the piling works. Malaysia's GDP Architects is the design consultant.

Covering a total land area of 50 acres, the Marina Square development will have a total of 17 towers and a range of amenities, including a shopping arcade, a cinema, restaurants, a marina, and a five-star hotel facing the marina. Tamouh is evaluating bids for a marine works package and building packages on zones A, C and D (MEED 5:5:06).

Australia's Bovis Lend Lease is the project manager for the entire development.

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