Local firms win hotel contract

20 July 2007
A local joint venture of Arabtec Construction and Dubai Contracting Company has won a AED 1,076 million ($293 million) contract to build a Conrad hotel on Shaikh Zayed road.
The luxury hotel chain, part of the Hilton Group, will occupy 19 floors, with a further 23 floors of offices, according to Nabil Hamdan, deputy chief executive officer of Arabtec.

The 30-month project will start by September.

The client is Abu Dhabi's Private Property Management, and the consultant is the US' Smallwood, Reynolds, Stewart, Stewart (MEED 8:6:07).

Arabtec's 82-storey Ocean Heights Tower in Dubai Marina is also about to get under way, with completion expected

in 2009.

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