Hydra Properties awards Business Bay contract
Completion date estimated to be end of 2011
Hydra Properties, a UAE-based developer, today announced the selection of Kele Contracting as its main construction contractor for Hydra Towers, a series of five high-rise buildings in Business Bay, Dubai.
Kele Contracting, which has worked with Hydra Properties on pre-tender construction and planning, has already commenced work on site.
All enabling work, including shoring, piling and excavation activities, has been completed and the sub-structure works are now on-going. Work is on schedule for the planned completion date of the end of 2011 for the towers.
“We are pushing ahead with construction on many different projects in Abu Dhabi and Dubai, and we are delighted to report this progress on Hydra Towers,” said Hydra Properties chief executive Ali bin Sulayem.
“Kele Contracting is a well-respected company, sharing with us the focus on on-time delivery for our customers.”
Hydra Towers consists of five high-rise buildings, of between 20 and 36 floors.
“We are delighted to have been awarded this prestigious contract. Hydra Towers has a unique architectural design and we feel privileged to be able to add it to our portfolio of projects. We are now well into the execution phase and on track for completion,” Kele Contracting chief executive office Andre Elias.