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FCC signs joint venture with Abu Dhabi’s Commodore

Spain-based Fomento de Construcciones y Contratas (FCC), one of Europe's largest infrastructure and environmental services companies, has signed a joint venture with Abu Dhabi's Commodore Contracting Company to take part in the UAE's infrastructure development programme. The two companies will launch joint bids for transport infrastructure, services and public building projects with an estimated value of 200 to 700 millon dollars, in Abu Dhabi and Dubai as well as other emirates.

The tie-up consolidates FCC's footprint in the region. Through its Austrian subsidiary Alpine, FCC built Dubai Cricket Stadium in 2008 and has a 100 million dollar construction project underway at Borouge in Abu Dhabi (owned by Abu Dhabi National Oil Company and Austrian Borealis). Earlier this year, FCC signed a joint venture with Qatar's Petroserv to jointly bid for key infrastructure projects ahead of Qatar's 2022 World Cup.



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