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
Rohit Srivastava, managing director of capital markets & treasury at Brookfield Asset Management in London, discusses how REITs are expanding access to real estate and gaining traction in the GCC, ...
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
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
Fitch says non-oil economies could decline by 1-5 per cent in the region this year
US ratings agency Fitch forecasts an unprecedented non-oil sector recession in the GCC due to Covid-19.
The ...
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
Mall owners and retailers recommend actions for a more sustainable and resilient retail sector in the UAE
Download your copy of the white paper here
The UAE Retail and Malls Think Tank ...
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
Experts at the Business Leaders Forum analysed the trends supporting Ras al-Khaimah’s position as a real estate and tourism investment destination
Although the surprise announcement in early 2022 of the estimated ...
READ MORE
Regional tourism markets are slightly ahead of global peers as borders reopen for international travellers
The immediate business impact of precautionary measures against Covid-19 was felt most deeply by the tourism ...
READ MORE
Supply and demand imbalance is resulting in less office space being built and property owners offering tenants generous incentives
Dubai’s office market continues to be oversupplied, resulting in less office space ...
READ MORE
Watch: How REITs are opening up new avenues
MARKET TALK: Keeping business going during the crisis
Egypt growth to continue with support
GCC faces unprecedented non-oil recession
Project disruption threatens construction jobs
Think tank calls for action to boost retail
UAE firms steer towards net-zero future
Ras al-Khaimah: Competitive Horizons
Middle East tourism economy readies to reopen
Oversupply continues to challenge Dubai office market
20 February, 2018 | .By COLIN FOREMAN
