UAE: Construction contract award for planned $60,000,000 snow center and car park, AL-NABOODAH...

PROJECT OVERVIEW:

The local MAJID AL-FUTTAIM GROUP OF COMPANIES recently awarded a construction contract for a planned snow center and car park to AL-NABOODAH LAING O'ROURKE of the UAE, a subsidiary of AL-NABOODAH CONTRACTING CO. LLC. According to the terms of the award AL-NABOODAH will be responsible for building: - A ski resort about 80 meters wide and 400 meters long with a

capacity of 1,500; - 5 ski runs; - Chiller units with an installed capacity of 6,000 tons of snow; - Unspecified related facilities.

The cost to complete the project has b