Dubai – Mubasher: Dubai Investments has unveiled that construction work of its AED 460 million ($125 million) Fujairah Business Centre project is on track and is set for completion in June 2020.
Almost 20% of the mixed-use project has been completed, which is ahead of its scheduled completion date of the fourth quarter of 2020, the Dubai-based company said in a statement.
The joint venture between Al Taif Investment and Fujairah Investment Establishment will have a total built-up area of 96,400 square metres that features a 19-level office tower, a 19-level hotel, and an apartment tower, in addition to a shopping mall and retail area with parking for over 670 vehicles.
Managing director and CEO of Dubai Investments Khalid Bin Kalban has been on a tour at the project’s site and received a status update on it.
Just two slabs are left to cast of the hotel tower, while the office tower still has eight slabs to be completed, the company added.
The team working on the project is close to finishing all block work, with the ongoing mechanical, electrical, and plumbing work, according to the statement.
“The Fujairah Business Centre project has been strategically planned for a specific location which will address market requirements, create investment and business opportunities and also to set benchmarks in terms of urban development,” Bin Kalban said.
“It was a real pleasure to see that the project is progressing ahead of schedule, it will offer some real opportunities in terms of business and investment,” he added.
Located in Fujairah town centre, the Fujairah Business Centre overlooks the Grand Mosque. China State Construction Engineering Corporation Middle East is the project contractor with Dewan Architects and Engineers working as the project consultants.
