Arabtec says unit wins $239m deal as part of JV

February 10, 2014 - 8:35:19 am

DUBAI: A joint venture including a subsidiary of Dubai's Arabtec Holding has won a 878 million dirham or $239 million contract for mechanical, electrical, and plumbing work at the Abu Dhabi airport extension, Arabtec said on Monday.

Arabtec said in a bourse statement the joint venture had been set up by its unit, Emirates Falcon Electromechanical Company (EFECO), together with BK Gulf and China State Construction.

"EFECO will play a full role in delivering the complex mechanical scope of the project," it said.

The work will be carried out at new midfield terminal building of the Abu Dhabi International Airport. (Reuters)