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AED 700 Million Daman Investments project awarded 01 September 2010

AED 700 Million Daman Investments project awarded

HLG has been awarded an AED 700 million building project in Dubai by Daman Investments.

The project involves the completion of Daman’s “Buildings by Daman” project at the Dubai International Financial Centre. The project has already commenced - HLG will be responsible for completing its delivery.

The development comprises three towers – a 20-storey office block, a 60-storey hotel, and a 60-storey apartment block with an intricate steel inter-connection between the two towers.

HLG will commence immediately and the project is due for completion by December 2011.

HLG CEO and Managing Director, Laurie Voyer, welcomed today’s project announcement which highlights HLG’s ongoing commitment to the Dubai market.

“While there has been an adjustment to the Dubai building market, there are still a number of prospects for us with clients who value quality and creative delivery mechanisms.

“Our reputation in Dubai is second to none, and we have a proven track record in delivering high quality buildings across the Emirate,” he said.

“Dubai remains part of the Group’s ongoing growth plans,” he said.

Mr Voyer said that the Group is pursuing a number of other opportunities across the Middle East and that he expects to be able to announce further new projects over the coming months.

“We’re seeing significant opportunities in large-scale infrastructure across the region,” he said.