Dubai – Mubasher: Arabtec holding on Tuesday announced that its wholly-owned subsidiary, Target Engineering Construction Company, has won two new projects at a total value of AED 3.2 million, according to a press release.
Target Engineering was previously awarded four projects worth a combined value of AED 289 million.
Last week, Arabtec announced it turned to profits achieving AED 40.8 million in the second quarter of 2017 against the losses in the year-ago period.
On a related note, Arabtec Construction, another subsidiary of Arabtec Holding, announced that it has been awarded an AED 363 million contract from Abu Dhabi National Media Council to build the UAE Pavilion at Expo 2020.
