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Nakheel awards $50m contract for Ibn Battuta hotel

  • Author:Lucy Tian
  • Source:meconstructionnews
  • Release on :2017-03-24
According to Middle East Construction News,Dubai developer Nakheel says it has awarded a construction contract worth AED184.5 million ($50 million) for a second hotel at Ibn Battuta Mall.

Dubai-based Parkway International Contracting LLC has been appointed to build the 375-room hotel, which has a total project value of AED240 million.

It forms part of Nakheel’s AED3 billion hospitality expansion under which the developer is bringing 16 new hotels and serviced apartment complexes – with 5,300 rooms – to Dubai.

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