The decision follows an extensive review and consultation process designed to maximize value and deliver a high quality product within the scheduled timeframe.
Ahmad Sharaf, CEO of Tatweer Investments, said:
"The amalgamation of the construction contract bears testament to Mizin's commitment to maximizing value and to delivering a high quality product to stakeholders within the scheduled timeframe. With the ongoing construction work on the Remraam community in progress, the project is set for rapid progression towards its scheduled timeline completion."
Mizin has confirmed that construction across all phases of the community continues as scheduled, and that the consolidation of construction will facilitate management of the project development schedule.
Nashat Sahawneh, Chairman of DCE said, "We are happy with the confidence that Mizin has placed in DCE. The recent change in capacity will allow developers to seek further added value and we are fully committed to complete the project in line with Mizin's requirements and timeframes."
Dubai Civil Engineering was established in Dubai, UAE, in February 1985 and has since been upgraded, to the unlimited category, which is the highest classification in existence.
DCE is now one of the leading contracting companies in the area with a proven track record of major project implementation. With an efficient workforce of over 7000 employees, DCE has its own Design department and a Specialist Construction division, which facilitates the design, development and the execution of the latest in construction technologies.
Mizin also announced that 65% of the infrastructure works for the 23.5 million sq ft Remraam community has been completed, while excavation works for foundations of 82% of the buildings have also been finished. In addition, 45% of all buildings have had foundations poured and selected buildings have reached the sixth floor.