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| Besix Group to build the Cleveland Clinic in Abu Dhabi Egyptian cement and construction company Orascom Construction Industries (OCI) confirmed that the Besix Group (50%-owned by OCI) has been awarded a DHS 4.7 billion (US$ 1.3 billion) contract to build the Cleveland Clinic in Abu Dhabi in joint venture with Samsung. Besix Group's share in the contract is DHS 2.8 billion (US$ 780 million) or 60% of the total contract value. The client, Mubadala Healthcare, is an investment company owned by the Abu Dhabi government. The client is part of the Mubadala Development Company Division. The project is planned to be completed by Q1 2013. Besix Group's scope of work is a on turnkey basis and covers an area of 400,000 m² which includes 200,000 m² of parking area and 375 state-of-the-art medical rooms including exclusive royal suites and associated administrative areas. The Cleveland Clinic will be located on Sowwah Island. The Besix Group and Samsung have executed flagship projects in the UAE in the past including the Ferrari Park Experience on Yas Island and ADIA's headquarters in Abu Dhabi as well as the Burj Khalifa in Dubai. write your comments about the article :: © 2010 Construction News :: home page |