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English news

21-Nov-2017

Arabtec subsidiary, Target, awarded AED950mn contract for phase two of Forte

Arabtec Holding (Arabtec) has announced that its wholly-owned subsidiary, Target Engineering Construction Company (Target), has been awarded a AED950mn contract for phase two of Forte, a residential development in Downtown by Emaar. The contract scope includes the construction of the podium and twin towers of 67 and 46 floors. Phase one was previously awarded to Target for the construction of five basements for the two residential towers. The duration of both phases, one and two, will be 40 months. 

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