Al-Sahel Contracting Company has started construction on Tecoms Butterfly Project, in Dubai Media City.
The project is on schedule and expected to be completed in late 2015.
The development comprises new two office buildings with about 25,000 square metres of office space, ground floor retail and an outdoor plaza.
It is part of Tecoms AED4.5bn ($1,.2bn) investment in developing Internet City and Media City investment zones over the next five years, with the aim of stimulating Dubais knowledge economy. It intends to create 10 million sq m of office space and laboratories.