EMAAR Properties awards AED 3.042 billion contracts to UAE-based companies

The primary and secondary contracts are valued at AED 3.042 billion. The EMAAR projects' development team selected these companies from the several that responded to the requests for proposals.

"These are substantial contracts and we expect them to be completed within tight time-frames for each of our projects," commented Mr. Issam Galadari, Executive Director (Projects), EMAAR Properties. "These contracts have been awarded to local companies and cover the gamut of our construction requirements - from building homes to providing essential infrastructure facilities, including site grading, roads and utilities works," he added.

EMAAR Properties currently has eight major real estate projects under development including the Arabian Ranches, Dubai Marina, Emirates Hills, The Lakes, The Meadows, The Springs, The Greens and EMAAR Towers. These projects reflect the company's core focus to spur growth in the local real estate sector and the development of New Dubai in the growth corridor of Jumeirah in accordance with the company's vision of shaping the future of Dubai.

Mr. Galadari: said: "By awarding the contracts, we are able to support local businesses which in turn help sustain our economy. We are keen to ensure that they are our partners in progress," Mr. Galadari added.
The companies which were awarded the contracts to build high rise apartment towers and infrastructure works include: Dubai Civil Engineering and Arab Technical Construction Co, Al Futtaim Tarmac Private Ltd, Bin Laden and Wade Adams (The Meadows); Engineering Contracting Co., Fujairah National Construction Co., Ginco Contracting Est., Al Hudaiba Contracting, Ahmed Bin Dasmal Contracting Co, Al Oroba Contracting Co, Al Futtaim Tarmac Private Ltd and Wade Adams (The Springs); United Engineering Construction, Al Shafar General Contracting Co, Al Shafar Transport & Contracting Co and Al Futtaim Tarmac Private Ltd (The Greens); Al-Basti & Muktha, Al Futtaim Tarmac Private Ltd and Port Saeed (The Arabian Ranches), Dubai Civil Engineering (Dubai Marina).

EMAAR Properties had recently 'topped-out' EMAAR Towers, its exclusive luxury apartments in downtown Dubai, and Zulal, its exclusive Lakes villas. Several senior EMAAR officials, consultants and contractors attended the topping-out ceremonies to mark the completion of the vertical construction on the two properties.

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