7 October 2010
Carillion Joint Venture awarded £124 million contract for ongoing residential developments in Downtown Dubai
Al Futtaim Carillion has been awarded a contract worth some £124 million for the construction of two residential towers for Emaar Properties PJSC that form part of its 500-acre Downtown Dubai development.
The two residential towers, which are part of the 29 Boulevard residential project and have committed financing, will each be 45-storeys high with a three-level basement car park, ground floor, and a three-level podium. Construction of the towers is now in progress.
This latest contract follows Al Futtaim Carillion's successful completion of three major projects for Emaar Properties in Downtown Dubai, which is anchored by Emaar's iconic project, Burj Khalifa, the world's tallest building.
Commenting, Carillion chief executive, John McDonough, said: "We are delighted that Al Futtaim Carillion has been awarded a further contract for this prestigious development in Dubai. This reflects our high reputation for quality and delivery and the strength of our long-term relationship with Emaar."
For further information
John Denning, Director Group Corporate Affairs, Carillion plc +44 (0)1902316426
Finsbury
James Murgatroyd
Gordon Simpson +44(0) 20 7251 3801
Notes to editors
Carillion is one of the UK's leading support services companies with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group has annual revenue of around £5 billion, employs over 50,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.
In the UK, Carillion's principal market sectors are Defence, Education, Health, Facilities Management & Services, Rail, Roads, Building, Civil Engineering and Utilities Services.
In the Middle East, Carillion's principal market sectors are Construction and Facilities Management. In Canada and the Caribbean, the Group's main sectors are Health, Roads Maintenance and Construction.
Carillion's portfolio of equity investments in Public Private Partnership projects includes projects in the UK and Canada, particularly in the Defence, Education, Health and Transport sectors.
This and other Carillion news releases can be found at www.carillionplc.com