Ssangyong and Besix to build $1.4bn Royal Atlantis
Ssangyong and Besix are reported to have secured the contract to build the $1.4bn Royal Atlantis Resort and Residences on Palm Jumeirah, Dubai
Ssangyong Engineering & Construction has confirmed that it has secured the contract to build the $1.4bn Royal Atlantis Resort and Residences on Dubai’s Palm Jumeirah, according to The National.
The South Korean construction outfit will conduct construction work in conjunction with Besix subsidiary, Six Construct.
In comments made to The National, Ssangyong’s Middle East managing director, Joon Hun Kim, described the Royal Atlantis as “another landmark for Dubai”.
The news follows Six Construct’s August 2015 confirmation that it would bid on the $1.4bn project. Commenting at the time, Pierre Sironval, managing director of Besix’s Middle Eastern arm, said: “We will submit the bid next week for Dubai’s second Atlantis, to be built on the Palm island in Dubai.”
Royal Atlantis Resort and Residences will boast almost 800 guest rooms, more than 230 serviced apartments, and 46 storeys. It has been designed by Kohn Pedersen Fox Associates (KPF), and will be built next to the existing Atlantis The Palm, Dubai.
Royal Atlantis Resort and Residences will be constructed by Ssangyong and Six Construct on behalf of Investment Corporation of Dubai (ICD), and operated by Kerzner International.
The project is scheduled to complete by 2018.