{"id":39625,"date":"2017-01-04T22:56:01","date_gmt":"2017-01-04T15:56:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=39625"},"modified":"2017-01-04T20:10:20","modified_gmt":"2017-01-04T13:10:20","slug":"dubai-world-trade-centre-awards-construction-contract-to-al-futtaim-carillion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-world-trade-centre-awards-construction-contract-to-al-futtaim-carillion\/","title":{"rendered":"Dubai World Trade Centre awards construction contract to Al Futtaim Carillion"},"content":{"rendered":"<p>&#013;<br \/>\nDubai World Trade Centre has awarded a \u00c2\u00a3160 million (Dh721.4m) construction contract to build a new phase of its One Central mixed-use development to Al Futtaim Carillion.Phase 1A6 of the project contains two prime office buildings &#8211; one 12 storeys and the other eight storeys &#8211; that will have a combined built-up area of 182,500 square metres. Work is set to start on site this month and is due for completion by the end of 2018. The deal is the third that Al Futtaim Carillion has won on the One Central project to build offices and takes the total value of work it has landed thus far to more than Dh1.8 billion.Phases 1A2 and 1A5 both also contain two office buildings, with the former now complete and in the process of being leased, while the latter is due to be handed over in the third quarter of this year.The offices have all been designed to achieve the Leed Gold sustainability standard and are being built on a site between DWTC&#8217;s current exhibition centre and Emirates Towers.Builders are emerging from a tough year in 2016 as low oil prices depressed construction activity. But activity has shown signs of picking up in recent months as the sector prepares to deliver new projects associated with Expo 2020, which the emirate is hosting.Richard Howson, the chief executive of UK-based joint venture partner Carillion, said: &#8220;We are delighted to have been selected for Phase 1A6, the third phase of the One Central development, where we continue to see good opportunities coming to market. We look forward to continuing our close relationship with Dubai World Trade Centre to deliver this important development.&#8221;One Central is a Dh8bn mixed-use project between DWTC&#8217;s exhibition centre and the Emirates Towers building. When complete, it will have a built-up area of more than 1 million square metres containing offices, a tower with four and five-star hotels, retail space, up to 1,300 homes and serviced apartments, a 2,500-seat theatre and an open-air plaza. It has been designed by Hopkins Architects.mfahy@thenational.aeFollow The National&#8217;s Business section on Twitter&#013;<br \/>\n&#013;<br \/>\nSource : thenational.ae&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.thenational.ae\/business\/property\/dubai-world-trade-centre-awards-construction-contract-to-al-futtaim-carillion\" target=\"_blank\">Dubai World Trade Centre awards construction contract to Al Futtaim Carillion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Dubai World Trade Centre has awarded a \u00c2\u00a3160 million (Dh721.4m) construction contract to build a&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-39625","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aj7","jetpack-related-posts":[{"id":21474,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-1bn-reem-mall-project-set-to-be-built-by-al-futtaim-carillion\/","url_meta":{"origin":39625,"position":0},"title":"Abu Dhabi&#039;s $1bn Reem Mall project set to be built by Al Futtaim Carillion","date":"July 31, 2016","format":false,"excerpt":"\r Abu Dhabi's US$1bn (Dh3.67bn) Reem Mall looks likely to be built by Al Futtaim Carillion after it was named as preferred bidder for the project.The developer behind Reem Mall said that it will now enter into detailed contract negotiations with Al Futtaim Carillion \"with the objective of finalising an\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46071,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-builder-carillion-muted-on-prospects-for-gulf-construction\/","url_meta":{"origin":39625,"position":1},"title":"UK builder Carillion muted on prospects for Gulf construction","date":"March 1, 2017","format":false,"excerpt":"\r The UK-based construction company Carillion has said that it expects the pace of new contract awards in the Middle East to remain slow this year amid a low oil price environment.The company, which operates in the UAE and Oman through a pair of long-standing joint ventures with local partners,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6692,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/carillion-to-partner-with-omans-sovereign-wealth-fund-to-build-hospitals\/","url_meta":{"origin":39625,"position":2},"title":"Carillion to partner with Oman&#039;s sovereign wealth fund to build hospitals","date":"March 3, 2016","format":false,"excerpt":"\r \r Contractor Carillion has signed an agreement with Oman's sovereign wealth fund that could see the pair developing a number of hospital projects together across the Sultanate.In a note accompanying its full-year accounts for 2015, Carillion said there was \"growing interest in private finance\" across the Arabian Gulf.\"We have\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46047,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-builders-muted-on-prospects-for-gulf-construction\/","url_meta":{"origin":39625,"position":3},"title":"UK builders muted on prospects for Gulf construction","date":"March 1, 2017","format":false,"excerpt":"\r The UK construction company Carillion has said that it expects the pace of new contract awards in the Middle East to remain slow this year amid a low oil price environment.The company, which operates in the UAE and Oman through a pair of long-standing joint ventures with local partners,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/majid-al-futtaim-launches-capria-secures-leed-platinum-for-ghaf-woods-sales-centre\/","url_meta":{"origin":39625,"position":4},"title":"Majid Al Futtaim launches Capria; secures LEED platinum for Ghaf Woods sales centre","date":"May 21, 2025","format":false,"excerpt":"\r Majid Al Futtaim introduces Capria, the third phase of Ghaf Woods, and achieves LEED platinum certification for its innovative sales and experience centre in Dubai\r \r Source : arabianbusiness.com\r Read more...Majid Al Futtaim launches Capria; secures LEED platinum for Ghaf Woods sales centre","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/Majid-Al-Futtaim_Ghaf-Woods_Capria-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/majid-al-futtaim-unveils-mega-plan-for-dh30bn-of-uae-investment\/","url_meta":{"origin":39625,"position":5},"title":"Majid Al Futtaim unveils mega plan for Dh30bn of UAE investment","date":"June 1, 2016","format":false,"excerpt":"\r Dubai-based Majid Al Futtaim Holding has unveiled plans for Dh30 billion worth of new investments in the UAE over the next ten years, which will include ten new City Centre malls, six new hotels and a new masterplanned community in Dubai.The company said at a press conference this morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/39625"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=39625"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/39625\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=39625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=39625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=39625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}