Tameer Holding Investment announced that the real estate developer along with Sorouh has formed an alliance with three leading engineering and construction firms, Al Habtoor Engineering, Murray & Roberts and Al Rajhi Projects to build USD 2.2 billion Tameer Towers project in Abu Dhabi.

The release added that the alliance aims at not only saving sky rocketing construction costs, but ensuring on time deliveries and quality construction. The alliance has confirmed the delivery date of June 2011 for the residential portion and December 2011 for the commercial portion.

The Tameer Towers project a JV between Tameer Holding Investment LLC and Sorouh Real Estate PJSC which was launched in October 2007 and has since been considered one of Abu Dhabi's landmark developments.