Arabtec unit gets Dh196m project in Downtown Dubai

Dubai: Arabtec said on Tuesday it’s unit has been awarded Dh196 million project by Emaar Properties for the contract works of a project in Downtown Dubai.

The project, whose scope includes the construction of five basements for two residential towers, will commence this month for a duration of 12 months, Arabtec said in a statement posted on Dubai Financial Market’s website.

“We continue to win projects that are aligned with our key geographies and our key competencies whilst maintaining a robust risk management approach,” Hamish Tyrwhitt, group chief executive officer, said in a statement.