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Wed November 25 2020

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Kier team wins £150m Dubai accommodation contract

27 Jan 17 A 50-50 joint venture of Kier and Arabian Construction has won a £150m accommodation project in Dubai.

The project is being delivered on behalf of Nshmi - a local developer and existing client – and will be funded with the support of UK Export Finance. It will have a total built-up area of 171,224m2 including 1,496 apartments, shops, a swimming pool and a gym.

The scheme is part of Town Square, a major new mixed-use development that is under construction.

This is the second accommodation development Kier has been awarded by Nshmi; it received a £50m award in November, which it is undertaking on its own rather than being part of a JV. It is also delivering a package of infrastructure works on the Town Square site for Nshmi under a contract awarded last summer and worth £12m.

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