Dubai-based contractor, Drake and Scull International (DSI), announced that it will proceed with the AED233mn mechanical, electrical, and plumbing (MEP) works for the Fairmont Abu Dhabi Hotel and Serviced Apartments.
Located adjacent to the Marina Mall in Abu Dhabi, the Fairmont Abu Dhabi Hotel and Apartments Towers are owned by Abu Dhabi-based National Investment Corporation.
In a statement to the Dubai Financial Market, Mohammad Atatreh, board member, DSI, said: Our work for Fairmont Abu Dhabi Hotel and Serviced Apartments reflects the high confidence in our services and capabilities within the local and regional property and tourism sectors, particularly in terms of hospitality development and MEP execution. It also highlights DSIs involvement in strategic projects that are reinforcing Abu Dhabis regional and global stature as a preferred leisure and lifestyle destination. We look forward to extending our support to this major local development.
The AED1bn development is a 39-floor Arabian themed arched structure located near Marina Mall in Abu Dhabi. It occupies an overall area of 178,000 sqm with an extensive water frontage. The project’s scope of work consists of the 39-storey tower comprising 563 rooms in the five-star hotel and 249 serviced apartments. The project features a network of sea water canals where guests can travel in specially designed Arabic boats. The Fairmont Gold rooms and lounge will be situated on top as the bridge between the hotel and residences. The project is scheduled for completion and handover in 2018.
The contractor is currently undergoing a heavy restructuring programme and transformation plan after the termination of four members led by former executive vice chairman Khaldoun Al Tabari and CEO Wael Allan. DSI also announced that it will elect a new set of board of directors during its general assembly scheduled later this year.