Wates secures first project win in Abu Dhabi
19 April, 2010
Wates Construction International has won its first joint venture project in Abu Dhabi with its partner Al Fara'a General Contracting in one of its core target markets, education.
The joint venture has been awarded a £28 million contract by Aldar Properties PJSC, the premier real estate development, management and investment company in Abu Dhabi, to build the 25, 000 sq m² Al Bateen Academy. Work is due to start this month and be completed for September 2011.
Wates Construction International opened its Abu Dhabi operations and office three months ago, simultaneously launching its education market expertise at the MENA BSEC Conference.
Matthew Kennedy, Managing Director, Wates Construction International said; ‘It is a really positive start to secure a major project such as the Al Bateen Academy in one of our key sectors of focus, education. We know that there is a substantial programme to be undertaken in Abu Dhabi to meet the 2030 Master Plan education objectives. The combination of Wates in-depth experience of education and the expertise of our partners Al Fara'a, provides a strong platform for future opportunities.’
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Categories: academies
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