Tameer and Sorouh yesterday finalised a pact with a joint venture of Al
Habtoor Engineering, Murray & Roberts and Al Rajhi Projects to
construct the Tameer Towers project in Abu Dhabi for Dh6 billion.
This
brings the total cost of the project to Dh8bn, which is a joint venture
between Tameer Holding Investment and Sorouh Real Estate, said the two
firms.
"The alliance has confirmed the delivery date of June
2011 for the residential portion and December 2011 for the commercial
portion," said Dr Abdallah Shaaban, Managing Director of Tameer. "The
selection of construction partner represents a giant step towards
reaching our delivery goals, and will complement the host of partners
already working on the project."
Tameer Towers was launched in
2007. The construction partners join the project team that includes the
UK-based architectural firm Gensler, structural engineering firm
Thornton Tomasetti, mechanical engineering firm Hilson Moran, and the
façade engineering firm Buro Happold, in addition to the project
manager Hill International and the construction manager Bureau Veritas.
Tameer Towers is in Shams Abu Dhabi, the new development on Al Reem Island that is master-planned by Sorouh Real Estate PJSC.
Dr
Shaaban said: "The alliance concept is a pioneering idea adopted by
Tameer in which all the partners act as one with the main purpose of
constructing the project with the utmost attention to quality, cost,
and delivery. This innovative concept is new to this market and will
mitigate many of the delay-resulting risks associated with claims,
delays, and the rising costs of manpower."
Habtoor Engineering, Murray & Roberts and Al Rajhi Projects to
construct the Tameer Towers project in Abu Dhabi for Dh6 billion.
This
brings the total cost of the project to Dh8bn, which is a joint venture
between Tameer Holding Investment and Sorouh Real Estate, said the two
firms.
"The alliance has confirmed the delivery date of June
2011 for the residential portion and December 2011 for the commercial
portion," said Dr Abdallah Shaaban, Managing Director of Tameer. "The
selection of construction partner represents a giant step towards
reaching our delivery goals, and will complement the host of partners
already working on the project."
Tameer Towers was launched in
2007. The construction partners join the project team that includes the
UK-based architectural firm Gensler, structural engineering firm
Thornton Tomasetti, mechanical engineering firm Hilson Moran, and the
façade engineering firm Buro Happold, in addition to the project
manager Hill International and the construction manager Bureau Veritas.
Tameer Towers is in Shams Abu Dhabi, the new development on Al Reem Island that is master-planned by Sorouh Real Estate PJSC.
Dr
Shaaban said: "The alliance concept is a pioneering idea adopted by
Tameer in which all the partners act as one with the main purpose of
constructing the project with the utmost attention to quality, cost,
and delivery. This innovative concept is new to this market and will
mitigate many of the delay-resulting risks associated with claims,
delays, and the rising costs of manpower."
