Arabian Construction Company awarded AED 750 million construction contract
Arabian Construction Company (ACC) has been awarded an AED 750 million construction contract to expand the Masdar Institute of Science and Technology (MIST) campus in Abu Dhabi, UAE.
The project – which makes up the second phase of construction and is being managed by Abu Dhabi developer Aldar Properties PJSC – will add another 82,000 square metres to the campus and will include student lodgings, seven open laboratories, a conference facility, a swimming pool and a gym. It is to be completed in 18 months and will be approximately 35% larger than the current facility.
According to Hamed Mikati, Director at ACC: “We are honoured to have been awarded this contract and look forward to building one of the world’s leading scientific and technological institutes. As an experienced sustainability contractor, we are taking sustainable building practises and the reduction of embodied carbon into account and look forward to being a part of the future of green construction.”
MIST’s new building complex will sit adjacent to its existing campus and will incorporate energy-efficient design including natural ventilation and heat reflecting facades.
Developed by the Abu Dhabi clean energy company Masdar, the state-of-the-art education facility sits at the heart of Masdar City, an emerging global clean-technology cluster that Masdar hopes will be the biggest carbon-neutral development in the world.
MIST was established in cooperation with the Massachusetts Institute of Technology to focus on clean-energy research and technological development.
Arabian Construction Company
Founded in Lebanon in 1967, Arabian Construction Company (ACC) has grown to become one of the Middle East's leading construction contractors.
We specialise in complex and prestigious construction and infrastructure projects. Our portfolio includes some of the region’s most iconic landmarks, from super high-rise luxury developments, to five star hotels, hospitals and intricately sophisticated smart buildings. We have also constructed vital infrastructure and oil& gas projects, including desalination plants, power plants and marine projects.
Our established contacts in the region, a highly skilled and dedicated team, our innovative methods and an exacting standard for completion have earned us a competitive edge well recognized in the industry.