The challenges ahead of the joint venture will be to meet the highest quality standards required for such skyscrapers and to meet the scheduled completion date of December 2008.
ETA is executing this prestigious project with joint venture partners - Hitachi Plant Engineering and Construction Co., Ltd, Japan and Voltas Limited of India.
The Burj Dubai is the 'jewel' of the entire 500 acre Burj Dubai Development and will feature one of the world's first Armani hotels, luxury residential apartments, boutique offices and a host of world class restaurants and leisure options. Currently growing at a rate of one floor per week, the Burj Dubai is located off Sheikh Zayed Road at the heart of the mixed use development which when completed will create an elegant new downtown for Dubai. The Burj Dubai development will also host The Dubai Mall - the largest mall in the world when completed, Burj Dubai Business Hub - commercial offices and a variety of living options varying from the traditional Arabic inspired Old Town to the ultra modern lofts.
ETA Group, an ISO 9001:2000 certified company, has also been associated with several premium projects such as Emirates Towers, Dubai International Airport, Deira City Centre, Dubai Convention Centre, Dubai Marina, the Gardens Jumeirah Island and Springs Villas among other landmark projects in the UAE and other Gulf Countries.
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Emaar awards ETA JV with AED1 billion contract for Burj Dubai project
- United Arab Emirates: Tuesday, January 10 - 2006 at 13:28
- PRESS RELEASE
ETA-led joint venture with Voltas and Hitachi has won AED1 billion contract for mechanical, electrical, plumbing and fire fighting works for the world's tallest tower - Emaar's Burj Dubai.
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About ETA Ascon:Emirates Trading Agency-Associated Constructions and Investments (ETA ASCON) Co. L.L.C. is a multinational and diversified Group established in 1973 as a joint venture under UAE's Abdulla Al Ghurair Group and Amana Investments Ltd., Hong Kong. ETA-ASCON has built an enviable reputation for quality, service and cost-effective technological capability. Headquartered in Dubai, the Group network undertakes construction, contracting and infrastructure project work in several countries, having over 23 branches and associate offices worldwide. Areas of expertise include Engineering, Contracting, Construction, Manufacturing, Trading, Shipping, Transportation, Jewellery, Travel, Consumer Electronics, Recycling, Automobiles, Building Maintenance, Information Technology, Human Resources Management and Real Estate. The Group's consolidated sales for the year ending 2004 were in excess of USD 2.0 billion. For more information, please visit www.etaascon.com.
About Emaar Properties PJSC:
Emaar Properties, the Dubai-based Public Joint Stock Company, is listed on the Dubai Financial Market and is part of the Dow Jones Arab Titans Index. Emaar is the No. 1 real estate company in the world in terms of market capitalisation which is over US$40 billion. The company announced that its net profits for the first nine months to September 30 climbed 255 per cent, to a record AED 3.690 billion. The figures represent a substantial increase on the AED 1.039 billion in the same period a year ago. The company also reported an impressive 77 per cent rise in revenues to AED 6.757 billion, from AED 3.808 billion for the same period in 2004. The company has witnessed tremendous growth since its inception in 1997 and boasts a rapidly growing tenant base with more than 12,000 homes handed over to satisfied customers to date. Currently, it has several major real estate projects under various stages of development in Dubai including Arabian Ranches, Dubai Marina, Emirates Hills, The Views, The Meadows, The Springs, The Lakes and The Greens. The company also owns and manages the Gold and Diamond Park. For more information, please visit www.emaar.ae.
For further information, please contact:
Prem Ramachandran/ Upasna Swain
ASDA'A Public Relations,
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa,
PO Box 28063, Dubai, UAE,
Tel: +971-4-3344550,
Fax: +971-4-3344556,
Web: www.asdaa.com
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, January 10 - 2006 at 13:28 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Thu Nov 30 2006.
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