Arabtec Wins Award Worth AED 353 mn for Pavilion at Expo 2020

Arabtec Wins Award Worth AED 353 mn for Pavilion at Expo 2020
People walk past the Arabtec headquarters in Abu Dhabi June 25, 2014. The spectacular rise and fall of Arabtec, Dubai’s most heavily traded stock, teaches hard lessons about how risky the region remains for investors even as its rapid economic growth lures billions of dollars in fresh funds from abroad. REUTERS/Stringer (UNITED ARAB EMIRATES – Tags: BUSINESS LOGO) – RTR3VP2Y

Dubai-based developer Arabtec Holding wins a contract to build new project at Expo 2020, Invest-Gate reports.

Arabtec Construction was awarded a contract worth AED 353 mn from Abu Dhabi National Media Council to build the UAE Pavilion project.

Located opposite Al Wasl Plaza in the centre of the 4.38-square-kilometer exhibition area, the pavilion is set on an area of 15,000 square meters with a built up area of 19,200 square meters.

The project comprises a 2,000-square-meter upper floor and 662-square-meter mezzanine, with a plaza level and related facilities spread across 3,000 square meters.

Construction on the pavilion is scheduled to begin this month and delivered in the last quarter of 2019.

Menna A. Farouk 368 Posts

Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.

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