Eversendai unit wins two Dubai project deals
Malaysian engineering and construction firm Eversendai Corporation said its wholly-owned subsidiary, Eversendai Engineering Dubai (EVS Dubai) has been awarded contracts worth RM272 million ($69 million) for two key projects in Dubai. As per the deal, EVS Dubai will build the structural steel works for One Za'abeel, a major mixed-use development located near the Dubai World Trade Centre, and Address Tower Residence IL Primo, a luxury high-end residential tower located in Downtown Dubai, said the company in a statement. The contract for the One Za’abeel mixed-use project was awarded by Alec Engineering and Contracting while the deal for the Address Tower Residence IL Primo was secured from TAV Construction, it stated. The work on both the projects are likely to be completed by 2020, it added