Carillion JV wins £160 million Dubai contract

expat network

Carillion JV wins £160 million Dubai contract

Dubai World Trade Centre has awarded Al Futtaim Carillion (AFC) the contract to deliver Phase 1A6 of ONE CENTRAL, a major integrated real estate development located between the current Dubai International Convention and Exhibition Centre and Emirates Towers in the heart of the city’s Central Business District.

This latest phase of the ONE CENTRAL development has a built-up area of 182,500 square metres and comprises two Grade A office buildings of 12 and 8 storeys. The contract, which is worth approximately £160 million, will begin in January 2017 and is scheduled for full completion at the end of 2018. AFC has already completed an earlier Phase 1A2 of this development, which is in the process of being leased and is currently delivering the contact for Phase 1A5, which was awarded in October 2015. This latest award takes the overall value of AFC’s contracts for the ONE CENTRAL development to £400 million.

The ONE CENTRAL development is being designed to best-in-class quality standards and this phase will comprise international Grade A quality offices, which has achieved LEED® Gold precertification from the US Green Building Council – the industry benchmark for green building performance covering design, construction, operations and maintenance. The technology solutions and infrastructure being planned are aligned with the Dubai Government’s Smart City strategic agenda, which was launched by Vice-President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Carillion Business Segments

Support services – Facilities management, facilities services, energy services, rail services, road maintenance and utility services.

Public Private Partnership (PPP) projects – Our investing activities in PPP projects range from defence, health, education, transport, secure, energy services and other Government accommodation.

Middle East construction services – Our building and civil engineering activities in the Middle East.

Construction services (excluding the Middle East) – Our market leading consultancy, building, civil engineering and developments activities in the UK and our construction activities in Canada.

Source: www.carillionplc.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.