The Al Futtaim Carillion joint venture has won a £150M to build the new Investment Council Headquarters in Abu Dhabi.
The building, which will house the Investment Council’s staff responsible for managing sovereign wealth investments for the Abu Dhabi government and also one of its holdings, the Al Hilal Bank.
A 2-level basement and podium will support twin 27-storey towers.
The design includes a dynamic ‘mashrabiya’ solar shading system, which will open and close during the course of each day, according to the position of the sun, making the building highly efficient in terms of heat gain and cooling. Construction work has commenced with completion scheduled for the end of 2011.
Carillion Chief Executive, John McDonough said: “We are delighted to have secured another major contact in Abu Dhabi, in line with our strategy of focusing on high quality projects for key, long-term customers.
“This latest win follows the successful delivery by Al Futtaim Carillion of the £380M flagship Yas Hotel project, the centre piece of the new Grand Prix circuit development. We look forward to working with the Investment Council to deliver its new prestigious headquarters building,” he said.
Carillion reported a £6bn forward order book, including two further projects in Abu Dhabi - the £550M Al Muneera development for ALDAR and infrastructure works for Emirates Aluminium valued at some £200M.