Dubai PR Network, Online Press Release from Dubai and Middle East
 
Money, Business & Investments(Banking & Investments)
Filter PR by
  
Dubai Investments confirms AED 460 million Fujairah Business Centre project ahead of schedule
 
Dubai Investments confirms AED 460 million Fujairah Business Centre project ahead of schedule

Dubai, 05 January 2019:   Dubai Investments PJSC has announced that work on the AED 460 million Fujairah Business Centre project, developed by its joint venture entity Al Taif Investment, is 20.5% complete and on track to finish in June 2020, well ahead of its scheduled completion date of Q4 2020.

The joint venture between Al Taif Investment and Fujairah Investment Establishment will have a total built-up area of 96,400 square meters, offering a 19-level office tower and 19-level hotel and apartment tower as well as a shopping mall and retail area with parking for over 670 vehicles. Dubai Investments MD and CEO Khalid Bin Kalban recently toured the site with the Board of Directors, and received a status update on the project.   

The hotel tower is now 18 floors high, with just two slabs left to cast and complete while the office tower has eight slabs still to complete. Mechanical, electrical and plumbing work on the project is ongoing, with the team close to finishing all block work. The team is carrying out procurement and the project is at a stage where interior décor, furniture and fitting project will be awarded.

Khalid Bin Kalban said: “The Fujairah Business Centre project has been strategically planned for a specific location which will address market requirements, create investment and business opportunities and also to set benchmarks in terms of urban development. It was a real pleasure to see that the project is progressing ahead of schedule, it will offer some real opportunities in terms of business and investment.” 
     
The Fujairah Business Centre is located in the Fujairah town centre, overlooking the Grand Mosque. China State Construction Engineering Corporation Middle East is project construction contractor with Dewan Architects and Engineers project consultant. 

Al Taif Investment is a collaborative effort between Dubai Investments PJSC and Fujairah Investment Establishment (FIE), the investment arm of the Fujairah Government. 


Posted by : Dubai PR Network Editorial Team
Viewed 3379 times
PR Category : Banking & Investments
Posted on : Saturday, January 5, 2019  4:14:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Morison Menon strategically integrates with Kreston Internat...
Next Story : Visa brings exciting deals to help cardholders find their es...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Introducing Burberry Bespoke Fragrances [9644-Views]
Making many tones from one [8076-Views]
Celebrate the Month of Love with a Brighter Smile at The Smile Bar [8040-Views]
Longchamp Spring/summer 2019 Show [7350-Views]
A Chaumet Valentine's Day Sentimental jewellery [6954-Views]
Malabar Gold & Diamonds opens a new showroom in Millennium Dubai Airport Hotel to cater to... [6808-Views]
Persil Appoints Nancy Ajram as the new Regional Brand Ambassador [6576-Views]
Tissot PRS 516 Alpine Limited Edition A sporting tribute [6411-Views]
Global Village presents Scheherazade, a timeless tale of intrigue and adventure [6167-Views]
The Preston watch collection by Coach [5832-Views]
Turkish Airlines reached the 80.2% Load Factor in December 2018. [5807-Views]
Tag Heuer Demonstrates Watchmaking Mastery With Its New Carrera Calibre Heuer 02t Tourbill... [5777-Views]
Always take the front row with this 7.2” supersized smartphone screen [5728-Views]
Celebrate Valentine's Day With a Quintessential Timepiece From D1 Milano [5624-Views]
Eberhard & Co. Gilda makes an extraordinary Valentine's Day gift [5575-Views]
Beef Sushi- Love at first bite [5545-Views]
Walid Atallah's “Dream Dress”: The new revolution in the World of Fashion 2019 [5490-Views]
Bollywood Actor Anil Kapoor to inaugurate 2 new outlets of Malabar Gold & Diamonds in UAE ... [5234-Views]
Scuderia Ferrari presents PILOTA Family Collection [5002-Views]
Third Edition of Al Shira'aa International Horse Show Concludes with Thrilling Finale [4886-Views]
HUGO BOSS watches Legacy Casual Family collection [4880-Views]
Luxury jewelry house Dhamani 1969 launches exclusive CHRYSALIS collection [4673-Views]
Nissan Energy demonstration hits the spot [4624-Views]
MALABAR GOLD - DSF Winner Photo for Release - Anandan Ganesh [4404-Views]
Nicole Kidman at the Golden Globe Awards [4337-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories