Carillion JV awarded £160 million contract
4 January 2017
Carillion Joint Venture awarded £160 million contract for Phase 1A6 of the ONE CENTRAL Development by the Dubai World Trade Centre.
Dubai World Trade Centre has awarded Al Futtaim Carillion (AFC) the contract to deliver Phase 1A6 of ONE CENTRAL, a major integrated real estate development located between the current Dubai International Convention and Exhibition Centre and Emirates Towers in the heart of the city's Central Business District.
This latest phase of the ONE CENTRAL development has a built-up area of 182,500 square metres and comprises two Grade A office buildings of 12 and 8 storeys. The contract, which is worth approximately £160 million, will begin in January 2017 and is scheduled for full completion at the end of 2018. AFC has already completed an earlier Phase 1A2 of this development, which is in the process of being leased and is currently delivering the contact for Phase 1A5, which was awarded in October 2015. This latest award takes the overall value of AFC's contracts for the ONE CENTRAL development to £400 million.
The ONE CENTRAL development is being designed to best-in-class quality standards and this phase will comprise 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.
In welcoming the award, Carillion Chief Executive, Richard Howson, said: "We are delighted to have been selected for Phase 1A6, the third phase of the ONE CENTRAL development, where we continue to see good 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 continuing our close relationship with Dubai World Trade Centre to deliver this important development".
Notes to Editors
Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects, extensive construction capabilities and a sector leading ability to deliver sustainable solutions. The Group had annual revenue in 2015 of some £4.6 billion, employs around 46,000 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, utilities services, road maintenance, rail services, remote site accommodation services and consultancy services in the UK, Canada and the Middle East.
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 in the UK and Canada.
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.
For more information
John Denning, Director Group Corporate Affairs, Carillion plc +44 (0) 1902 906333
Bell Pottinger
Liz Morley or Sam Cartwright +44 (0) 203 772 2588
This information is provided by RNS
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