Business | Construction
Schon Properties awards Dh400 million contract to United Engineering Construction
Schon Properties has awarded a lucrative contract to United Engineering Construction (UNEC). The Dh400 million-deal is for the construction work on Schon Business Park, the project that will provide much needed flexible commercial spaces for start-up businesses or multinational companies relocating to Dubai.
- Staff Report
- Published: 00:00 September 15, 2008
Dubai: Schon Properties has awarded a lucrative contract to United Engineering Construction (UNEC). The Dh400 million-deal is for the construction work on Schon Business Park, the project that will provide much needed flexible commercial spaces for start-up businesses or multinational companies relocating to Dubai.
The Business Park has been designed to provide a unique and self-contained environment for its occupants, both owners and tenants. "Ideal both as an investment, whereby space can be bought and then leased out of for businesses who want to own their own premises, the Park offers complete flexibility, competitive prices and state-of-art facilities and amenities. Businesses and investor can choose from a variety of spaces, in differing stages of preparation, up to and including turnkey spaces," said Asher H. Schon, Vice President at Schon Properties.
UNEC will be working on construction works of the massive Schon Business Park beginning September 2008, and will take about 18 months to complete. "Schon Properties has managed to position itself as one of the leading property developers in such a short period of time. We are excited to be working with Schon and are determined to provide the same superior services we have extended to all our clients," said Eng. Abdul Haleem Muwahid, Managing Director at UNEC.
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