Dubai Metals and Commodities Center (DMCC) and Nakheel which has been assigned project manager for Almas Tower, announced that they have recently awarded the construction contract of the tower to Taisei Corporation of Japan. The tower will be a landmark building, purpose-built to cater to the specific needs of the diamond industry and will house the Dubai Diamond Exchange, the only diamond exchange in the region.
The 65-floor tower surrounded by lakes will also accommodate offices of leading banks, insurance companies, security companies, major international auction houses and educational institutes.
“The Almas Tower is set to become one of the most stunning structures in Dubai and will be the base for several prominent companies. This made it extremely vital to choose a renowned construction company like Taisei Corporation who could fully meet our requirements,” said Ahmed bin Sulayem, Chief Operating Officer, DMCC. “The Almas Tower will be the highest office tower in the region, and a unique addition to Dubai's skyline. The tower will house all leading international and regional players in the diamond sector in a single state-of-the-art facility, and will considerably boost Dubai's profile in the global diamond industry.”
The Taisei Corporation was established 131 years ago, and has ever since been involved in a range of projects in Japan and overseas. Taisei is a member of the Marubeni-led consortium of companies involved in a mega project for the supply and installation of a water transmission pipeline in Abu Dhabi.
“Use of cutting-edge technology in construction and design has been the hallmark of Taisei over the years,” said Tatsuya Sugawara, Manager, Marketing and Business Development, Taisei Corporation. “We have a highly experienced and skilled team of engineers and designers who are committed to achieving international quality standards in their work. Taisei is pleased to have been awarded this contract and to be associated with a prestigious project like the Almas Tower.”
The Dubai Metals and Commodities Centre is a strategic government initiative that integrates the refining, manufacturing and trading of gold in Dubai, while introducing the trading of other precious metals such as platinum, palladium and silver. DMCC is facilitating the development and expansion of the regional metals market by working with regional and international partners.
As the premier real estate developer in the region, Nakheel's portfolio includes a breadth of iconic properties such as The Palm, The World, International City, The Gardens, Ibn Battuta Shopping Mall, Jumeirah Islands, Jumeirah Lake Towers and Discovery Gardens.
