Arabtec unit secures $272m deal in Astana

February 20, 2014 12:35 am

Dubai-based Arabtec Holding has said its subsidiary, Efeco, has been awarded a Dhs1bn ($272m) contract in Kazakhstan, Reuters has reported. According to the deal, Efeco is to implement mechanical, electrical and plumbing work at the Abu Dhabi Plaza development in the Kazakh capital, Astana. The development is under construction by a joint venture of Arabtec and Consolidated Contractors Co, under a Dhs4bn contract with Abu Dhabi’s Aldar Properties.