Gulf Asia wins Dh450m contract for mid-rise property

Dubai: Gulf Asia Contracting Co recently won a Dh450 million contract from Geepas for a mid-rise residential building in Dubai’s Al Barsha locality. The ground plus 19-storey project is scheduled for completion in March 2018.

With a built-up area of 1.5 million square feet, the building will have as many as 640 units and a 700-bay car park. Geepas is the flagship brand of Western International Group.

The win adds to Gulf Asia’s sizeable contracts portfolio, which includes projects such as City Towers, a nine-tower cluster in Ajman, and the Ajman Corniche Residences.

In Dubai, it has bagged hospitality projects for a five-star luxury hotel in Dubai Marina to be operated by Crowne Plaza. There was also the recent completion of a four-star hotel in Bur Dubai and a four-star hotel apartment building in Tecom.

“Gulf Asia’s focus will remain on optimising resource use, maximising productivity and bringing truly world-class project development skills to the region,” said Sreekanth Ramachandran, Gulf Asia’s Projects Manager.