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Al-Habtoor wins building contract of the Al-Raha resort.

Asia Africa Intelligence Wire

| January 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Al-Habtoor Engineering Enterprises has been contracted by the Abu Dhabi Works Department to build the five-star hotel and shopping center in the Al-Raha Resort of Abu Dhabi, valued at 160 million Emirati Dinars ($43.56 million), reported Gulf News. Both facilities are expected to become fully operational by April 2003.

The tender awarded to Al-Habtoor constitutes the resort's second construction phase. The first stage was initiated in 2000 with the construction of 23 chalets. Tenders for the third phase will be announced in January 2002.

The Dh330-million ($89.85 million) ...

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