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Multiforms wins US$34 million contract from Arabtec for Tiara Residence facade work.

 
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2 Aug 2007

Multiforms, the Dubai-based architectural aluminium façade specialist and subsidiary of Emaar Industries & Investments, has won a USD34 million contract from leading construction contractor Arabtec to execute the facade work of Tiara Residence. The US$572 million development by Zabeel Investments comprises seven residential towers and a hotel, located on the main trunk of Palm Jumeirah.

Multiforms, the region's largest UPVC and architectural aluminium supply-and-installation company, will design and install the external envelope and curtain wall façade for all seven residential towers. Multiforms will undertake the region's first wood composite panel cladding on Tiara Residence. Cladding work on the 15-storey towers featuring one, two and three bedroom apartments and a penthouse floor will begin mid August and is scheduled for completion by March, 2008.

Multiforms wins US$34 million contract from Arabtec for Tiara Residence facade work.

'Tiara Residence is one of the iconic projects in our portfolio, not only for its location on the Palm Jumeirah but also for the construction standards that the project upholds,' said Riad Kamal, Managing Director, Arabtec Construction PJSC. 'To execute the project on schedule and to the highest standards, it is important to have the right partners, and Multiforms has the proven capabilities in delivering the high standards of excellence that Tiara Residence demands.'

Mr Firas Rifai, Managing Director, Multiforms, said: "Tiara Residence sets new benchmarks in architectural and construction excellence, and will be a landmark project in the portfolio of every company associated with its development. The contract for Tiara Residence highlights our leading role in façade development and the significant partnerships we have regionally with leading contractors such as Arabtec."

Construction of the project is overseen by Dar Al Handasah, while sales and management, once completed, will be by Asteco Property Management.

Multiforms meets the growing demand for high performance architectural UPVC, aluminium windows, doors, and curtain walls in the region, and recently made international strides through its partnership with Multiplex (UK) Construction.

The company is a subsidiary of Emaar Industries & Investments, a global investor that capitalises on growth prospects in the manufacturing sector by investing in existing businesses and establishing joint ventures with leading establishments. Since its partnership with EII, the billing and production capacity of Multiforms has increased by 400 per cent and turnover by 300 per cent.



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