Chinese in front to build world’s tallest tower in Dubai
20 February, 2018 | By COLIN FOREMAN
Beijing-based China State Construction Engineering Corporation is the frontrunner for the contract to build the world’s tallest man-made structure in Dubai.
Local developer Emaar received bids from two groups for the estimated AED5.5bn ($1.5bn) contract to build The Tower at Dubai Creek Harbour in mid-January. The bidders are China State and a joint venture of the local/Belgium Belhasa Six Construct and the US’ Tishman.
It is understood that the China State bid has the lowest price, and accepts different contractual conditions than the Belhasa Six Construct/Tishman bid.
The superstructure comprises three key elements. They are: a concrete core, a steel frame structure on top of the concrete core, and cables descending down from the tower to the ground.
In late 2016, Dubai officially confirmed the tower will be the world’s tallest man-made structure when it is completed. The final height has not been disclosed. To become the world’s tallest tower, it will have to be more than 1,008 metres in height, which is the planned final height of the under-construction Jeddah Tower in Saudi Arabia.
The Tower at Dubai Creek Harbour has been tendered before. Emaar received prices from contractors in 2017, and it is understood that those offers were not within Emaar’s budget.
Companies are already working on the project. Belhasa Six Construct is working on the raft foundations. France’s Soletanche Bachy is the piling contractor for the project.
Spanish/Swiss architect and engineer Santiago Calatrava Valls is the main consultant on the project with the local office of Aurecon, which is supported by UK’s RMJM and Dubai-based DEC, acting as local engineer and architect of record.
The project manager for the tower is US-based Parsons.
The tower is the centrepiece of the 6-square-kilometre Dubai Creek Harbour development. It is located in the Ras al-Khor area on the banks of Dubai Creek and is being developed by a joint venture of Emaar and Dubai Holding.
Related Posts
In addition to key utilities projects, KAPP is also planning to develop real estate public-private partnerships
As other regional governments launch ambitious public-private partnership (PPP) initiatives, Kuwait is celebrating the 10-year ...
READ MORE
Building consumer confidence and opening up in a phased manner will be crucial in ensuring the resumption of UAE’s tourism sector, says latest briefing from Mashreq Bank
Download the complete media ...
READ MORE
The Covid-19 crisis could not have come at a more difficult time for many traditional retailers in the UAE
Already facing challenges from the rise of online shopping and a growing ...
READ MORE
Ras al-Khaimah is all set to enter a new era of development, but with it comes capacity challenges to meet its real estate and leisure sector objectives
This article is the ...
READ MORE
Labour ministry may stop MoUs or impose hiring quotas on countries not responding to repatriation requests from UAE-based workers
The UAE’s Ministry of Human Resources and Emiratisation (Mohre) is considering the stoppage ...
READ MORE
The meeting was chaired by the emirate’s Deputy Ruler Sheikh Maktoum bin Mohammed bin Rashid al-Maktoum
Deputy Ruler Sheikh Maktoum bin Mohammed bin Rashid al-Maktoum has chaired the first meeting of ...
READ MORE
Zain Qureshi, Global head of real estate finance and advisory at Mashreq comments on the advancements in the sector
Regional impetus
The GCC real estate sector is experiencing sustained growth, driven by ...
READ MORE
Tim Taylor, QC, discusses the impact of Covid-19 on the UAE's legal landscape and disputes market
During a crisis, the legal expectation is ‘deals down – disputes and restructuring up’. While this ...
READ MORE
Environmental, social and governance (ESG) principles are influencing investor decisions in the GCC real estate market, says Mashreq Bank
The Covid-19 pandemic has reiterated the need to address concerns surrounding ...
READ MORE
Decarbonising supply chains requires concerted efforts from governments and businesses alike
Key takeaways:
The inaugural MEED-Mashreq Business Leaders Forum on 31 January highlighted the importance of reducing supply chains’ carbon ...
READ MORE
Kuwait positive on PPP prospects
Travel and tourism outlook brightens on vaccine rollout
CONNECT SERIES: Supporting retail through the Covid crisis
Ras al-Khaimah real estate counters growing pains
UAE mulls curbs on lax labour markets
Dubai’s supreme committee for real estate holds first
Watch: The continuing evolution of GCC real estate
The pandemic’s potential impact on disputes
Sustainable finance shapes the future of GCC real
UAE firms steer towards net-zero future
20 February, 2018 | .By COLIN FOREMAN
