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
Fast-growing markets such as the UAE need to pay greater attention to the quality of ageing buildings and infrastructure, says Mashreq Bank
Planners, developers, designers and asset managers need to ...
READ MORE
The rapid response of governments and banks has sustained the economy through the lockdowns, but the Covid-19 crisis is creating new challenges for banks
Q&A with Roy Philip, senior executive vice-president and group chief credit officer, Mashreq ...
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
Transactional data and large-scale investments including the Wynn Resort indicate strong appetite for Ras al-Khaimah’s ‘nature and community living’ promise
· Ras al-Khaimah real estate is enjoying a period of robust ...
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
The pandemic will accelerate job losses in the UAE and beyond
The Covid-19 pandemic will catalyse the shifting labour dynamics in the UAE, where reduced real estate demand and low market ...
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
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
This article is a part of a series from the Dubai Real Estate Forum held by MEED and Mashreq on 22 March in Dubai
Global alternative investment firms are keen to ...
READ MORE
Carillion is the latest international firm to report problem projects in the region
Before the London Stock Exchange opened for the week on 10 July UK construction company Carillion issued a trading ...
READ MORE
UAE real estate must reassess asset health strategies
MARKET TALK: Keeping business going during the crisis
Ras al-Khaimah real estate counters growing pains
A Wynn-Wynn situation: Ras al-Khaimah real estate growth
Watch: The rising prominence of private debt in
Project disruption threatens construction jobs
The pandemic’s potential impact on disputes
UAE mulls curbs on lax labour markets
Dubai investors seek quality real estate stock
Middle East risk is an international problem for
20 February, 2018 | .By COLIN FOREMAN
