Carillion joint venture wins contracts worth $590m in Dubai

Al Futtaim Carillion (AFC), Carillion’s joint venture business in the United Arab Emirates has been awarded two contracts worth a total of $590m. 

Meraas Development, a Dubai-based holding company, has chosen AFC as the preferred bidder for a $350m deal to build a mixed-use development on the Dubai Creek waterfront.  

The project consists of leisure and retail units, underground and multi-storey car parks, three hotels, a mosque, museums, traditional workshops and a market. 

Meraas has also awarded AFC a $240m contract for the construction of "La Mer" on the Palm Jumeirah (pictured). 

The project involves the construction of a mixture of top-end retail and civic buildings, together with substantial external landscaping, to create more than 1km of beach-front development. 

Richard Howson, Carillion’s chief executive, said: "We are delighted to have been selected as the preferred bidder for these two major contracts. This reflects our reputation for high-quality and reliability and we look forward to working with Meraas to deliver these prestigious projects."