DIP starts work on Amwaj project in Morocco

[sbs]

10-Dec-2005

Dubai International Holding, the International Investment arm of Dubai Holdings, the Dubai Based real estate company has begun the work on the USD 2 billion Amwaj project in Rabat, Morocco.

The Project Management Contract has been given to Hill International consulting company. Architectural and Engineering Design Contract has been awarded to Bernard Reichen Company, and Interior Design Contract has been granted to world renowned designer Jean Nouvelle.

The master plan of the project is close to completion. Construction work should commence in the first quarter of 2006.

The project will include thousands of apartments of different designs and styles and 200 sq. mt. of office space with state-of-the-art facilities. The project will include hundreds of shops for commercial purposes which will be spread on an area of 100,000 sq mt. besides including malls, parks, theatres and landscaped areas.

Dubai Holdings, a Dubai-based real estate company has a variety of real estate projects not only in Dubai but also outside UAE in its portfolio. Dubai Holdings was initially estatblished to undertake real estate projects like Dubai Health Care City, Dubai Humanitarian City, Arab Radio Network. Some of their other real estate projects include Business Bay, Jumeiarh Beach Residence, The Villa and the World Trade Center