Schon awards Dubai Lagoon work to Belhasa

26 August 2008
Local developer Schon Properties has awarded the local Belhasa Engineering & Contracting a AED1.7bn ($463m) contract to build zones three and six at the Dubai Lagoon project at Dubai Investments Park.

Work is expected to start on site in October and completion is expected at the end of 2010 or early 2011.

Thailand’s Powerline Gulf will continue to work on the first two zones of the project. The company was awarded the estimated AED1bn main construction package for Dubai Lagoon in late 2006.

The project comprises 51 residential buildings with a built-up area of 163,000 square metres. US-based Artec Architectural & Engineering Consultants prepared the masterplan (MEED 8:12:06).

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications