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Emirates Financial Towers accomplishes construction works of towers on scheduled timetable

United Arab Emirates: Thursday, May 14 - 2009 @ 14:02

Thus, the project recorded the highest construction rate in the development projects in Dubai.

The Emirates Financial Towers Company has realized remarkable progress in installation of aluminum and glass facades in both twin towers of the project, using about 5000 aluminum units to clad 27 floors. Those aluminum units have been selected according to the highest international specifications under the” Unitized System”, which is characterized with its high thermal and audio insulation capacity.

The facades have been designed in a manner ensuring their installation with maximum degree of accuracy and harmony, while observing the highest quality standards, fast fabrication and easy fixing. The glass facades for the whole project are expected to be completed during the year 2009, as work commencement and progress rate are going on as per the scheduled timetable without any delay.

In his comment on the completion of the construction works in the towers, Dr. Hani Abu Uwaidha, Emirates Financial Towers Company Chief Executive Officer, and Senior Vice Chairman of MAG Group Of Companies in Dubai, said:

“We consider completing the construction works in the financial towers a great and outstanding accomplishment, as we have overcome all difficulties, and have finished all the construction works within the scheduled time period, despite the consequences of the international credit crisis.”

Dr. Abu Uwaidha added, “Works in the financial towers are witnessing good progress in all aspects. Fixing of glass facades for the financial towers project have reached floor 17 in both twin towers, which is a remarkable step under the current circumstances, as these facades are fixed in compliance with the environmental standards applicable in Dubai, clearly highlighting the distinctive characteristics of the towers, and giving the concrete structure fantastic beauty and elegance. Moreover, working around the clock in the towers has enabled us to install the glass bridge connecting both towers giving them distinguished appearance.”

Dr. Abu Uwaidha disclosed that this on-going accomplishment of these towers is contributed to the efforts exerted by all the project employees including the contractors, technicians, and craftsmen, and is a fruit of the continued support and facilities provided by the Emirates Dubai National bank which adopted the project since its inception and till completion of works. This accomplishment is also due to customers’ regular settlement of their due installments. This shows the importance of the project and the economic feasibility of investing therein, as there is good demand for lease in the towers.

Dr. Abu Uwaidha concluded his statement saying, “I would like to commend the significant role Dubai International Financial Center is playing in managing the leasing applications and providing all the facilities for the project.”

It is worthy to mention that the Emirates Financial Towers consist of two 27 – storey identical towers, each comprising commercial offices and shops, in addition to a set of the most sophisticated services. The construction cost reached to Dhs600m. Also, MAG Robotic Systems proceeded its activities to develop an advanced automatic car parking systems in the towers and buildings.

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Thursday, May 14- 2009 @ 14:02 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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