Serco gets Trol­ley con­tract ex­ten­sion

7 Days in Dubai - - BUSINESS -

Tan­miyat Global’s pro­ject, The Court Tower, is set to be the first struc­ture to be handed over at the Dubai Wa­ter Canal de­vel­op­ment. The $300 mil­lion pro­ject is 80 per cent com­plete and is ex­pected to be de­liv­ered to land­lords in April 2017. The Court Tower will con­tain apart­ments, of­fices and re­tail units and is the only mixed-use build­ing cur­rently sit­u­ated on the Canal. Ac­cord­ing to the RTA the Canal has reached the fi­nal phase of con­struc­tion and phase one is set to open by the end of 2016. Mo­hammed Bin Odah, CEO of Tan­miyat Global, said: “The Court Tower is one of Tan­miyat’s most ex­cit­ing projects. We have al­ready sold 88 per cent of our units and we ex­pect this to move to 100 per cent by the end of the year.” Emaar Prop­er­ties has awarded a three-year con­tract ex­ten­sion to Serco to con­tinue the man­age­ment and main­te­nance of the Down­town Dubai Trol­ley Sys­tem un­til 2019. Serco’s par­tic­i­pa­tion in the pro­ject be­gan in Au­gust 2014 when en­gaged by Emaar Prop­er­ties un­der an early op­er­a­tor in­volve­ment con­tract, giv­ing ad­vice on the sys­tem dur­ing the de­sign phase. David J Greer, CEO Serco Mid­dle East, said: “The Trol­ley is the first of its type in the Mid­dle East and we are de­lighted to ex­tend our part­ner­ship with Emaar.” The ini­tial op­er­a­tion and main­te­nance con­tract was awarded to Serco in 2015 and has now been ex­tended un­til 2019.

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