01 February 2009

Arabtec Construction will postpone work on the Dh2.4 billion ($653.4 million) Atrium project for at least a year after developer Emirates Sunland decided to delay the project, a report said.

The project, which is located in the Madinat Al Arab district of Dubai Waterfront, was awarded to Arabtec in September 2008, Meed said.
Shelving of the  project is another blow for the UAE’s largest contractor by market value, after Dubai’s Meydan said it cancelled a racecourse construction deal with Arabtec and Malaysian construction firm WCT Engineering.

• Works starts on $326m Business Bay tower
• Bay Towers set for delivery
• Update
• TDIC, Masdar push for sustainability
• Estidama standards unveiled
• New Saadiyat course to go with the flow
• Earthworks done at Tiger Woods Dubai
• Dubai racecourse ‘on track’ despite contract cancellation
• Record skyscraper is put on hold
• $653m Atrium is postponed
• $816m Gate makes Waterfront milestone
• $272m Celestial Heights on schedule
• UAE is ‘proceeding with $698bn projects’
• Safety code’s English edition hits stands
• Sports city villas are handed over
• Full steam ahead for $5bn city
• Pedestrian bridge goes up at exhibition centre
• $816m Nurai racing ahead

Tags

Regional News Events Tenders UAE Focus Legally Bound Oman Roads & Bridges Ceilings, Floors & Partitions Ceramics & Sanitary Ware Expo News Architectural Ironmongery M&E Services Access Equipment Project Watch

Gulf Construction is the undisputed leading trade journal for the building and construction industries of Saudi Arabia and the other Gulf states. The magazine provides editorial coverage on a wide range of topics which are of interest to industry professionals. In addition, regular features highlight technological developments within specific industry fields. Launched 40 years ago, the magazine has established an enviable reputation as an authoritative, respected journal with unmatched coverage of the Gulf region. Gulf Construction is essential reading for anyone with a serious interest in the region’s building and construction industry.