Fortune Investment appoints leading Malaysian firm IJM Corporation as primary construction contractors for its prestigious Fortune Tower project

IJM Corporation Berhad is today one of Malaysia's largest and most diversified construction groups.

IJM Corporation Berhad is an established player in the space and has a spate of high profile projects in the Middle East to its credentials. International projects IJM has undertaken include the 455-room Avillion Hotel, Sydney, the Binh An Water Treatment Plant in Ho Chi Minh City, Vietnam, and the award winning Gardenville Condomnium in Singapore.

Announcing this tie-up, Mr. Ahmed Hashim Khoory, Chairman of Fortune Investments, said, "Through this alliance, the two organizations would aim at working in unison to ensure that the project is delivered to the highest standards, in record time." Further adding, he said, "The coming on board of IJM Corporation would ensure that through its vast global experience, construction of the project is executed in lines with our commitment to excellence and innovation."

Fortune Towers has been conceived as a perfect working environment for dynamic companies and corporations. It will be equipped with all state-of-the-art facilities, combining contemporary design elements with modern architecture.

Speaking on Fortune Towers, Mr. Khoory said, "This project seeks to deliver the right product at the right price to the Dubai commercial property market. We are very clear about how we can support the vision of Dubai as a center of business excellence, by providing state-of-the-art infrastructure our clients need to succeed in this unique business environment".

Elaborating, Mr. Syed Muhammed Ali, CEO of Prefect Home Real Estate, Co-Developers of the Fortune Tower Project, attributed the investor confidence in the project to the substantial returns that the project has offered its buyers, as also the excellent infrastructure and service provided.

Located at Jumeirah Lake in Dubai, the 35 storied Fortune Towers is UAE's first freehold property development exclusively catering to offices. This landmark AED 170 million project, that would house 254 office units, was sold out within four months of its launch in October 2003.

Fortune Investments had earlier announced the appointment of AMMANN IBA Group, an international Operating Consultant with an established international presence and a base in Germany for the past 35 years, as the Technical Project Managers for the project. Ammann IBA Group would add significant value to the project through its expertise in German Standard quality and cost control.

Upcoming projects of the Fortune Group include two commercial towers in Jumeirah Lakes, Prestigious residential complexes on The Palm, Jebel Ali and a mega project in Dubai Marina.