Arabtec Construction has been awarded a AED 1.025bn ($280mn) contract by Dubai Properties to build a residential community involving villas and townhouses.
EFECO (Emirates Falcon Electromechanical Co.), also a wholly owned subsidiary of Arabtec Holding, will be carrying out the MEP works for the Amaranta and La Quinta phases of the Villanova development.
Villanova is located off Emirates Road, between Al Ain Road and Al Qudra Road, 10 minutes from Business Bay. The project works are expected to begin immediately with an overall duration of 28 months.
Group CEO, Hamish Tyrwhitt (pictured), said: “We look forward to working on the Villanova Project and to developing our relationship with Dubai Properties. This contract reflects the Group’s ability to deliver projects tailored to our client’s requirements.
“We continue to onboard new projects through the 4- Gate Work Winning Process, which is designed to selectively win work that has the ability to deliver successful outcomes which will continue to support the Group to capitalise on the positive long-term outlook for the construction and engineering sector in our core geographic markets.”