DMCC & Nakheel award tower contract to Taisei

DUBAI — The Dubai Metals and Commodities Center (DMCC) and Nakheel, the project manager for Almas Tower, recently awarded the construction contract of the tower to Taisei Corporation of Japan. The tower will be 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.

By A Staff Reporter

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Published: Sat 16 Jul 2005, 10:47 AM

Last updated: Thu 2 Apr 2015, 4:41 PM

The 65-floor tower 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," he added.

"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 government initiative that integrates the refining, manufacturing and trading of gold in Dubai, while introducing the trading of other precious metals.

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