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Cayan awards Infinity and Silverene building contracts

United Arab Emirates: Tuesday, October 21 - 2008 @ 15:12

Cayan Investment and Development’s growing portfolio includes projects in Dubai, Egypt and Saudi Arabia with future plans to include Morocco and Lebanon.

Both contracts combined amount to over Dhs1.4bn. The construction progress has witnessed a great leap. Today the core of the Infinity Tower has reached the 3rd floor.

In his commentary, Mr. Ahmad Al Hatti, Chairman of Cayan said, “Cayan has always looked for business partners that conform to the proficiency and high standards of its projects. Arabtec is acknowledged for its exceptional standards and project management. Our tie-up with Arabtec for both Silverene and Infinity will ensure the best quality and on time delivery.”

On the other side, Mr. Riyad Kamal, Chairman of Arabtec Construction said, “Arabtec is known to present challenging and high quality projects. The new towers, Silverene and Infinity, will add to our diversified portfolio and confirm Arabtec’s commitment to deliver quality construction projects to the highest standards.”

Infinity has recently received an International Architecture Award from the Chicago Athenaeum for its unique design. Infinity has won a total of 6 awards over the last 3 years.

Infinity, the 80-storey tower spirals in a smooth curve by astonishing 90 degrees, positioned to give a stunning view of the Marina area.

For Infinity, Cayan is also working with Drake & Scull on the MEP works for the tower, Khatib & Alami as the local consultants, Currie & Brown as the Project Management Company and SOM as the main consultant.

Silverene, the 35 and 26-storey towers, encompass all the benefits of waterfront living with a unique interior treatment, captivating glass and mirror effects which reflect the blue waters and maximizes the breathtaking view.

Cayan started its presence with a single project in the influential Marina Area in Dubai and now has a portfolio of 6 projects, 4 of which are already delivered. It has also gone beyond the UAE with landmark projects in KSA and Egypt.

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Tuesday, October 21- 2008 @ 15:12 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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