Carillion’s joint venture business Al Futtaim Carillion has won a $506m contract to build the fourth phase of the Madinat Jumeirah tourist resort in Dubai.Â
The work will include the construction of aÂ 435-room hotel with 400 parking bays, three speciality restaurants, lounges, bars, a business centre, swimming pools and a turtle lagoon. There will also be a laundry, plant rooms, chillers and cooling towers to support the hotel.
The development, which was begun in 2004 by local hotel operator Jumeirah Group, is located next to the well known Burj al-Arab hotel, between the Wild Wadi waterpark and the existing Madinat development.Â Â
Work on the scheme is due to begin shortly and is scheduled for completion in 2016.
The contract win is the latest in a number of successes enjoyed by the UK listed contractor in recent months. Carillion has previously signed deals in Dubai and Saudi Arabia for healthcare, retail, leisure and residential schemes. Altogether, it has won work worth $674m.Â
Richard Howson, the chief executive of Carillion, said: "These latest contract successes reflect the improving outlook in most of our Middle East markets. This includes Dubai, where we continue to see clear signs of recovery."