Local developer Dubai Selecthas awarded the AED 395 million ($108 million) main construction package for its 74-storey Torch tower project in Dubai Marina to the local Dubai Civil Engineering (DCE).
Local developer Dubai Selecthas awarded the AED 395 million ($108 million) main construction package for its 74-storey Torch tower project in Dubai Marina to the local Dubai Civil Engineering (DCE).The two-year contract calls for the construction of a 345-metre tower. It will have: 504 apartments; swimming pools, a sauna, a steam room and a spa; a modern gymnasium; shopping and dining spaces; underground parking; and a barbecue deck. The project will take about two years to complete. DCE entered negotiations after the local Arabtec Construction, Lebanon's Arabian Construction Companyand Gammon & Billimoria, the local affiliate of India's Gammon, had been shortlisted for the project in early December. Germany's Ed Zueblinis carrying out the foundations package. Lebanon's Khatib & Alamiis the consultant (MEED 16:12:05).
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