Tuesday, December 26, 2006

The contract for Park Towers awarded

Shapoorji Pallonji has been appointed as the main contractor by Damac Properties for its Park Towers project worth Dh.600 million at the Dubai International Financial Center (DIFC). According to the developer, the construction is expected to begin in January and is scheduled to be completed within twenty seven months.

This multi-million project is evocative of The Gherkin, in London city and is linked to the DIFC through underground areas. According to Damac CEO, Peter Riddoch, the Park Towers at DIFC will be built with the highest construction standards and will provide the latest in living standards and services. He added that Damac will build the best for DIFC which suits their requirements, in hosting leading investors and financial service companies.

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