Wednesday, October 04, 2006

Malaysian Resources Corporation (MRC) to build palm hotel

Malaysian Resources Corporation (MRC) yesterday said that Dubaibased Al Fattan Properties has awarded its joint venture company Al Fattan MRCB Construction contracts worth Dh390 million to build the six-star Palm Island Hotel and luxury residences on The Palm, Jumeirah, as well as an office tower at Dubai Marina.
MRCB, a 51:49 joint venture between Musabah Rashid Al Fattan and MRC, is involved in the property development, construction and power sectors.

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