Malaysian win on Al Reem job

A consortium of Malaysian contractors led by IJM has landed a US $350 million (AED1.3 billion) deal to build five towers on the Al Reem Island development in Abu Dhabi

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By  Sean Cronin Published  September 16, 2006

A consortium of Malaysian contractors led by IJM has landed a US $350 million (AED1.3 billion) deal to build five towers on the Al Reem Island development in Abu Dhabi. Tamouh Investments is developing the massive site along with Sorouh Investments and Reem Investments – each of which are responsible for part of the site. Tamouh awarded the tower package to an IJM-led consortium that also includes Zelan Holdings, Sunway Construction and LFE Engineering. In a statement, IJM said: “The parties in the IJMC led consortium will have an equal interest in the consortium, and IJMC will receive a fee for leading the consortium.” The scope of the work includes both the design and construction of five towers, together with an associated podium and seven villas. The project duration is 31 months.

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