CIMIC-backed HLG Contracting wins $224 million Dubai construction project
Middle-East based HLG Contracting, in which CIMIC group has a 45 percent investment, said it had won a contract for a development project in Dubai with revenue of $224 million.
The contract involves construction of expo village parcels 10 and 11 residential towers by Dubai World Trade Centre (DWTC), the ASX release said.
HLG said it will be responsible for the construction of five16‐storey towers.
Three of the towers would be connected through a mutual three‐storey podium, while the other two towers would also be co‐joined through a shared three‐storey podium.
Works include the concrete frames, masonry, facades, fit‐out, external works, and provisional sums for the mechanical, electrical and plumbing, wardrobes, kitchen, timber doors, lifts and façade cleaning system.
The development has a total built‐up area of 155,000 sqm.
Construction is expected to begin in July 2017, and is due to be completed by June 2019 ahead of Expo 2020 Dubai, which opens in October 2020.
ASX-listed CIMIC is headquartered in Sydney and is the world’s largest contract miner.