Arabtec unit wins Dh250m contract for Opera District

Contract is for MEP works for two towers in District

Staff Report
19:10 January 7, 2018


Arabtec Holding announced that its wholly-owned subsidiary Emirates Falcon Electromechanical Co (EFECO) has entered into a contract with TAV Tepe Akfen Construction for a Dh250 million project.

The contract is for mechanical, electrical, and plumbing works for two towers in the Opera District by Emaar Properties. Project works will commence in January 2018 for 34 months, the Dubai-listed construction company said.

Arabtec share prices jumped 6.53 per cent on Sunday to Dh2.61.