[malec]

Lebanese take Princess sky-high

Lebanon’s Arabian Construction Company (ACC) has been awarded the main construction package on the Princess Tower, set to be one of the tallest buildings in Dubai. The 32-month contract, valued at AED 690 million ($188 million), calls for the construction of a 410-metre-high building overlooking Palm Jumeirah. Princess Tower will have 101 floors and six basements, with a total built-up area of 170,000 square metres. Turkey’s Zetas was awarded the foundations package last year. The client is Sharjah-based Tameer Holdings, which is 50 per cent owned by Saudi Arabia’s Al-Rajhi Group. The architectural consultant is the local Adnan Safarini.



Good that the main contract for princess was awarded, we should see some real construction soon then.