Cambridge Business Centre on schedule

Dubai: Memon Investments, part the Memon Group of Companies, has announced that it has completed nine out of the ten floors within the Cambridge Business Centre (CBC) project, its inaugural commercial venture located in Dubai Silicon Oasis.

The Dh80 million tower is expected to be delivered on schedule.

With a built-up area of 160,000 square feet, CBC is the first project in the region comprising 10 floors that are all dedicated to commercial space.

Memon Investments has partnered with leading construction partners for the project, with Cairo Contracting Company bagging the main contract for the business tower.

"Our initial venture in commercial property development is shaping up to be another success for Memon Investments, cementing our repute as a dynamic construction organisation," Rizwan Shaikhani, Joint Managing Director, Memon Investments, said.

Inspired by classic British architecture, CBC will offer small, medium and large offices that are fully equipped with technologically advanced facilities such as Wi-Fi technology, keyless entry and hi-speed internet connection.

The development will also house retail shops on the ground floor.