Emirates Financial Towers appoints Project Management

The agreement was signed by Mr. Muzher Al Huq, CEO of EFT and Mr. Jihad Usta, Vice President of PROJACS International. Under the auspices of this major agreement, Projacs International will supervise the development of the Emirates Financial Tower project.

Speaking on the agreement with Projacs International, Muzher Al Huq said:

'In a well-planned, phased manner, we are efficiently progressing in our activities within the Emirates Financial Tower project. Through our strategic partnership with Projacs International, we will build greater project management expertise and niche skills in our overall effort towards the success of this venture. We are definitely aiming to establish the Tower as a high-quality commercial and residential landmark within the prestigious Dubai International Financial Centre.'

Jihad Usta, Vice President of PROJACS International Company, said: 'We are delighted with having this opportunity and consider it as an expansion of the projects that we are already undertaking. We are certainly looking forward to improving our strategic relationship with Emirates Financial Towers and intend to provide the best services in the property sector. Our management to the Emirates Financial Tower project will help enhance the company and its activities, which will in turn help them to deliver the best of their property services and improve the property sector in general.'

Emirates Financial Towers is a multi-use development within the prominent Dubai International Financial Centre. Launched in 2005, EFT was welcomed with high public interest due to its sophisticated design and offering of A Grade office space.

Combining premier commercial and residential space, the elegant EFT architecture encompasses a distinct elliptical profile with an embedded, transparent sky bridge. The design creates a distinguished silhouette against the well-known Dubai skyline, providing an exclusive identity for its residents. EFT is working with CPG Consultants of Singapore for the full spectrum of infrastructure development and management services.

PROJACS International is the largest Pan-Arab project management firm boasting 14 offices in 14 major cities in the Middle East, North Africa, Asia and Europe. Established in 1984, the firm has over 500 professional staff offering customized services to a variety of clients in the public and private sectors, and has a current construction value of projects that exceeds US$3 billion.