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| HLG awarded AED 480 million Jewel of the Creek Dubai International Real Estate (DIRE) has signed a contract with Habtoor Leighton Group (HLG), a joint venture between the Al Habtoor Group and Australia’s Leighton Holdings, for the AED 480 million (USD 130 million) Package #7 of the "Jewel of the Creek" development in Port Saeed, Dubai, UAE. HLG's contract involves the construction and completion of the substructure works for four basement levels and ground floor slabs on the waterside site between Al Maktoum Bridge, Baniyas Road and the Floating Bridge. The plot area is 123,955 square metres. Package #7 forms part of the AED 3 billion "Jewel of the Creek" development. When complete it will be a multi-use development which includes four and five star hotels, furnished service apartments, a convention centre, a ballroom, office buildings, residential buildings, a marina and landscaping. Construction works on Package #7 have already begun and completion is expected in August 2013. write your comments about the article :: © 2012 Construction News :: home page |