Tech Group wins $23.7m deals on Ajman project
Construction firm will provide MEP and other services on Ajman Corniche Residence, a $163m waterfront development scheduled for completion in Q2 2017
Tech Group, the largest construction group in Ajman, has secured contracts worth a total of $23.7m for the Ajman Corniche Residence (ACR) in Ajman, UAE.
The $163m waterfront development, which is scheduled for completion in Q2 2017, comprises seven interlinked towers which will feature a distinctive architectural design and top-of-the-line lifestyle amenities.
Among the contracts awarded to the group is a $13.6m deal, which will be carried out by its electrical and mechanical arm, EM Tech.
Tech Group CEO Shiraz Hasan said: “For us, the year 2015 is not only about growth in Ajman, but we are working aggressively to expand our footprint into other emirates. With a lot of construction-related opportunities across the UAE, we will continue to provide the highest quality of products and services to our clients in the most cost-efficient manner.”
“With the Expo 2020 coming up, there are a lot of opportunities for construction works, not only in Dubai but across the UAE. There have been global construction firms opening their branches in the UAE and we are working aggressively to capture our share despite the cut-throat competition.”