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Dubai's Eta Star Hands Out US$286 MLN in Construction Contracts
POSTED: 3:59 p.m. EDT, January 19,2007

ETA Star, the first freehold property developer in the region to receive an ISO 9001: 2000 certification, moved forward with its three projects the Centrium in the International Media Production Zone (IMPZ), Al Manara located at Business Bay and Star Heights (Residential project) in Al Nahda Sharjah after handing out construction contracts for its projects with development value worth AED 1050 million (US$286 million) to M/S Ascon, Civil Co & Fast Contracting.

ETA Star sealed a deal with Civil Co. for the construction of the Centrium, a sprawling apartment complex that will sit at the heart of the IMPZ on the Emirates Road. For the construction of the Al Manara project, a luxurious one-stop business centre, which is the first commercial venture by a private developer in the prestigious Business Bay, ETA Star has tapped the services of M/S Ascon.

With the enabling foundations of both projects completed late last year by the Dutch Foundation, ETA Star now focuses on the construction of the main structures. The Centrium is expected to be ready by May 15, 2009, and the Al Manara by January 10, 2009. ETA Star is focused on ensuring that all its projects maintain remarkably high standards, said Abid A. Junaid, Executive Director of ETA Star.

From:Asia-Pulse
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