Media releases
Thursday 11 July 2002 - MVT070/2002
$A130m Hotel Project for Australian Company in Dubai
An Australian associated company has been awarded a $130 million hotel
construction contract in Dubai, Trade Minister Mark Vaile said today.
Mr Vaile said the good news was passed on to him in a meeting with
Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Emirates group
of companies, overnight Australian time.
“Nasa Multiplex LLC, a company associated with Multiplex Constructions
Pty Ltd, one of Australia’s largest construction companies, has been
awarded a contract to build a $130 million 42 storey 5-star hotel
within the Dubai Marina complex,” Mr Vaile said.
“This hotel contract continues to build on Nasa Multiplex’s other
successes since establishing a presence in the United Arab Emirates
(UAE) approximately six years ago.”
“Nasa Multiplex’s first project in the UAE, the construction of the
Office Tower in the Emirates Towers complex, the tallest building
in the Middle East, was completed under budget and ahead of time.
“The success of the Emirates Towers project led to a number of other
projects, including stage one of the Dubai Marina complex which involves
the construction of six high-rise towers.”
Mr Vaile said this is just one of a number of Australian success
stories in the UAE.
“Australia first established an export presence in the UAE through
agricultural products. Our market share is continuing to grow through
exports such as non-monetary gold, industrial machinery, telecommunications
equipment and Australian made cars from Holden, Toyota and Mitsubishi.
“Exporters in the services sector, Australia’s fastest growing export
sector, are also beginning to realise the enormous potential that
exists in the UAE and the Middle East region.”
“Australian businesses are held in very high regard in the Emirates.
They find Australians very good to do business with.”
Two-way trade between Australia and the UAE was worth $2.2 billion
in 2001, with Australian exports recording $1.3 billion.
Media Contact: Mark Croxford +61 02 6277 7420
Local Date:
Friday, 05-Dec-2008 13:33:34 EST
