Contract adds to Carillion's growing turnover in the region
A joint venture between Carillion and Al Futtaim has won a £150m contract to build the new headquarters for the Abu Dhabi Investment Council.
The state-of-the-art building will house the Investment Council's staff, who are responsible for managing sovereign wealth investments for the Abu Dhabi government and comprises twin 27-storey towers.
Carillion chief executive John McDonough said: "We are delighted to have secured another major contact in Abu Dhabi, in line with our strategy of focusing on high quality projects for key, long-term customers. This latest win follows the successful delivery by Al Futtaim Carillion of the £380m flagship Yas Hotel project, the centre piece of the new Grand Prix circuit development."
Despite the recent economic problems in the region, Carillion said it was on track to deliver substantial turnover growth in 2009 from its Middle East businesses, pointing to a pipeline of “contract opportunities” worth £6bn.
Al Futtaim Carillion is delivering two other major projects in Abu Dhabi, the £550m Al Muneera development for ALDAR and £200m worth of infrastructure works for Emirates Aluminium.