Star Giga awards JLT work

24 April 2006

Star Giga Establishment, a joint venture of the local ETA Star Properties and Pakistan-based Giga Group, has awarded contracts worth AED 470 million ($127 million) for two tower projects in Jumeirah Lake Towers (MEED 7:10:05).

Star Giga Establishment, a joint venture of the local ETA Star Properties and Pakistan-based Giga Group, has awarded contracts worth AED 470 million ($127 million) for two tower projects in Jumeirah Lake Towers (MEED 7:10:05).

The local Al-Meraikhi Contracting has been awarded the AED 250 million ($68 million) main contract for the Goldcrest Views 2 project. The 39-storey tower comprises 439 apartments, a health club and a rooftop swimming pool. The local Dutch Foundation has completed the piling works. The project is scheduled for completion by March 2008.

A joint venture of the local ETA Ascon and India's Shapoorji Pallonji Mideast has been awarded the AED 220 million ($60 million) main contract for the Goldcrest Executive project.

The 39-storey tower contains three basement levels, ground floor and basement retail areas, a plaza, a business centre and a first-floor suite of meeting rooms. Other facilities include a health club and a rooftop swimming pool. The total built-up area is 46,500 square metres. Completion is set for June 2008. Dutch Foundation has completed the piling package.

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