Carillion and its Joint Venture business, Al Futtaim Carillion, have signed, or been selected as the preferred bidder for, contracts in the United Arab Emirates and the Kingdom of Saudi Arabia that are worth in total £400 million.
In Dubai, Al Futtaim Carillion is currently contracted to build two major hotels that together are worth approximately £300 million.
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These include Phase IV of the Madinat Jumeirah Resort project, which will involve the construction of a luxury 435-room hotel resort for Dubai-based hotel company Jumeirah Group.
Construction of both hotels will begin shortly and are scheduled for completion in 2016.
Carillion and Al Futtaim Carillion have also signed contracts for, or been selected as the preferred bidder for, a number of construction projects in Dubai and in the Kingdom of Saudi Arabia in the healthcare, retail, leisure and residential sectors.
Carillion Chief Executive Richard Howson said: "These latest contract successes continue to reflect the improving outlook in most of our Middle East markets. This includes Dubai, where we continue to see clear signs of recovery with more opportunities coming to market for which our capabilities and reputation for delivering to high standards of quality, safety and reliability are important to customers."
(IT)
