Monday, October 31, 2005

Foundation of Armada Towers completed


1-Oct-2005

Armada Towers

The foundation of Armada Towers , that has an investment of USD 278 million located at the Jumeirah Lake Towers in the heart of the new Down-Town Dubai have been completed. The Armada Group is one of the leading property investment organizations in the region.

The foundation of Armada Towers, that has an investment of USD 278 million located at the Jumeirah Lake Towers in the heart of the new Down-Town Dubai have been completed. The Armada Group is one of the leading property investment organizations in the region.

CSHK Dubai Contracting (LLC), which is currently undertaking this massive project, has already begun the next stage of construction work. The company was awarded approximately USD 87 million contract for the construction of Armada Towers in July this year.

Dr. Mohammed Raheef Hakmi, Chairman, Armada Group, said: "With the help of the expertise of CSHK Dubai, Group member of China State Construction Engineering ( Hong Kong ) Ltd, the foundation laying work has been completed in a record time. CSHK Dubai has already begun work on the next stage which will see the Armada Towers project being executed expeditiously over the next few months. This will also enable the project to be completed within 28 months.'

Mr. Melvin John Ford, General Manager, CSHK ( Dubai ), said: 'The successful completion of the foundation works on the massive Armada Towers project will pave way for the rest of the work to go ahead smoothly. We hope to complete this prestigious project within the stipulated timeframe. CSHK Group is known for mega-size projects of multi-disciplinary nature. The Armada Towers project will be a proof of our international standards that we adhere to in our construction work worldwide.'

Once completed, the three Armada Towers will house 1,200 apartments and occupy a space of 60,000 square feet. The development will offer 21,000 square feet of external and 15,000 square feet of internal retail space. In all it will have a total build up area of around 1.6 million square feet. Besides this, Armada Towers will house 12 luxurious penthouses, four in each tower.

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