It is reported that ALEC has been awarded the AED 3.4 billion contract to build the first phase redevelopment of the World Trade Centre in Dubai.

The project involves the construction of 7 towers with 242,000 square meters of offices, a 35,000 square meter four star hotel, a 22,000 square meter three star hotel, 20,000 square meters of retail space and a four level, 110,000 square meter basement. The total built up area is about 1 million square meters. The scheme also involves a five star hotel tower, which is expected to be tendered separately, and a substation that will be built by Dubai Electricity & Water Authority.

The other bidder for the contract was Australian Nasa Multiplex. The local Middle East Foundations has been awarded the piling contract. Khansaheb is already working on the excavation package. The UK's Mace International is the project manager. Hopkins Architects is the consultant and another UK based firm WSP, is the structural, mechanical and electrical engineer.