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
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
Obtaining finance for capital projects remains a challenge for first-time hotel developers in Ras al-Khaimah
This article is the third in a series that captures key highlights from the RAK ...
READ MORE
CEO of Arzan Investment Management, Oliver Hogg, comments on how the asset class provides developers with alternative funding solutions and greater flexibility in capital structuring
Download the full case study
An icon ...
READ MORE
Governments have been quick to cut spending after two years of launching stimulus projects
The big challenge for the region’s construction sector over the coming year will be dealing with the ...
READ MORE
Clients are struggling to get competitive pricing on large, technically challenging projects
Disagreements over terms and conditions between contractors working on the Tower at Dubai Creek Harbour scheme and the project owner ...
READ MORE
Fnancial support, project investment and tourism are key factors for Egypt's recovery from the Covid-19 pandemic
Given it is the most populous Arab country, with 42,980 confirmed Covid-19 cases and 1,484 ...
READ MORE
The IMF predicts a strong rebound in global GDP growth in 2021, but the effects of the Covid-19 pandemic will torment the Middle East market for years to come
Click here ...
READ MORE
Abu Dhabi must promote its business readiness and investment potential if it is to put its real estate sector on the world stage
This article captures key highlights from the Abu Dhabi ...
READ MORE
When Expo 2020 Dubai closes in April 2021, the site will be converted into a test bed for global innovation
Dubai plans to develop a new city on the 4.38 square-kilometre ...
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
The pandemic’s potential impact on disputes
Watch: The rising prominence of private debt in
Cost cutting on stimulus projects is a paradox
Strained market conditions mean contractors are shying away
Egypt growth to continue with support
Covid-19 will shape future business in the region
Taking Abu Dhabi’s success global
Dubai plans a lasting legacy for Expo 2020
Sustainable finance shapes the future of GCC real
20 February, 2018 | .By COLIN FOREMAN