Re Contract

RNS Number : 5112C

Carillion PLC

18 March 2014

 

18 March 2014

Carillion Joint Venture awarded £61 million contract for Phase 1 of Dubai Trade Centre development  

Dubai World Trade Centre has awarded Al Futtaim Carillion the main contract to deliver the first phase of the Dubai Trade Centre District (DTCD), a 146,000 square metre development between the current Dubai International Convention and Exhibition Centre and Emirates Towers in the heart of the city's Central Business District.  The contract, which is worth approximately £61 million and includes an eight storey office building and a 588-room business and tourism hotel, will begin in April 2014 and is scheduled for completion in Q3 2015.

The DTCD development will be designed to best-in-class quality standards and Phase 1 will include international Grade A quality offices, which has achieved LEED® Gold precertification from the US Green Building Council - the industry benchmark for green building performance covering design, construction, operations and maintenance.  The technology solutions and infrastructure being planned are aligned with the Dubai Government's Smart City strategic agenda, which was launched by Vice-President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

"The Dubai World Trade Centre has always been a core enabler of business tourism for Dubai. The District development justly complements this current proposition, offering a premium destination that will serve as a networking and commercial hub for the international business community," said Helal Saeed Almarri, Director General, Department of Tourism and Commerce Marketing and CEO, Dubai World Trade Centre.

Commenting on the award, the UK Consul General to Dubai, Edward Hobart said:  "The news that Dubai World Trade Centre has selected Al Futtaim Carillion to build the first phase of this major development in Dubai is wonderful, especially as it comes during the visit to Dubai of the UK Minister for Trade and Investment, Lord Livingston.  This is yet another example of British expertise playing its role in the impressive growth and development of Dubai's infrastructure." 

Carillion Chief Executive, Richard Howson, also welcomed the award, citing the Emirate as a core market for Carillion: "We are delighted to have been selected for the first phase of this major development in Dubai, where we continue to see more opportunities coming to market for which our capabilities and reputation for delivering to high standards of quality, safety and reliability are important to customers.  We look forward to working with Dubai World Trade Centre to deliver this important development."     

Notes to Editors - Carillion

Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities.  The Group had annual revenue in 2013 of some £4.1 billion, employs around 40,000 people and operates across the UK, in the Middle East and Canada. 

The Group has four business segments.

Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy services.

Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.

Middle East construction services - this includes building and civil engineering activities in the Middle East.

Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.

This and other Carillion news releases can be found at www.carillionplc.com

For more information

John Denning, Director Group Corporate Affairs, Carillion plc                      + 44 (0) 1902 316426

Finsbury

James Murgatroyd or Gordon Simpson                                                    [phone]

Dubai World Trade Centre (DWTC)

With a vision to make Dubai the world's leading destination for all major exhibitions, conferences and events, DWTC has evolved from being the forerunner of the fast growing exhibitions industry into a multi-dimensional business catalyst, focusing on Venues, Events and Real Estate Management. Complementary to the primary service offerings are a range of value added services from media/advertising, engineering and technical consultation and wedding planning, security services and an award winning hospitality portfolio.

For more information

Nancy D'Souza, Dubai World Trade Centre                                                            [phone]                                                                        

 

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