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One Central Project bags Dh725m Contract by Dubai World Trade Centre

Dh725 million worth of contract was awarded to Al Futtaim Carillion by Dubai World Trade Centre to carry out phase 1A6 of One Central which is a major development situated in the heart of the city’s Central Business district between current Dubai International Convention and Exhibition Centre and Emirates Towers.

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Picture Courtesy: emirates247.com

This recent phase of One Central has a built up area of 182,500 square meters and involves two, Grade A office buildings of 12 and 8 story.

The contract will commence from this month and is due for completion at the end of the year 2018.

Al Futtaim Carillion is already done with the earlier phase of 1A2 of the same development, which is now out for lease and currently delivering the contract for Phase 1A5, awarded back in October 2015. The recent contract takes place of the company’s overall value contracts for one central development to Dh 1.8 billion.

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Picture Courtesy: www.venturesonsite.com

According to Gurjit Singh, senior vice president – Real Estate, Dubai World Trade Centre, they are pleased to continue the work with Al Futtaim Carrilion, which successfully have delivered the phase 1 of offices that are fully leased and are operational too. Their current relationship will mark Grade A office properties of a world class standard in Dubai’s commerce corridor.

The chief executive of Carillion Richard Howson added that they are pleased to have got selected for phase 1A6 which is the third one of the One Central Development where they will further witness worthy opportunities coming to the market for which their capabilities and reputations for delivering high-quality standards, safety and reliability will be crucial to the customers. They look forward to continuing their relationship with Dubai World Centre to deliver this growth so important.

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