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The new Racecourse


sage & onion This is very interesting considering the recent stories in the Press regarding Arabtec taking the Developer to court.
And, China State Construction???, the best of luck to them.
Dubai's Meydan relaunches $1.25bn grandstand
by Jason BenhamThis email address is being protected from spam bots, you need Javascript enabled to view it on Sunday, 15 March 2009

BACK TRACK: Malaysia's WCT Bhd & Dubai's Arabtec are seeking minimum $460m compensation after their contracts to build racecourse were cancelled. (Getty Images- for illustrative purposes only)Dubai's Meydan has relaunched work on a $1.25bn grandstand at a race course, appointing new contractors for the project which had been cancelled in January, a magazine reported.
Work has restarted Nad Al Sheba grandstand after Meydan appointed China State Construction Engineering Corporation and Dubai's Mammut Building Systems to complete the project, London-based MEED said.
Malaysian engineering firm WCT Bhd and Dubai's Arabtec Holding are seeking at least $460m in compensation after their contracts to build the racecourse were cancelled.
Both firms are initiating a civil suit and arbitration proceedings against the developer over an alleged breach on contract for cancelling the deal.
A spokesman for Meydan was not immediately available for comment. (Reuters)
gtmash China State Construction Engineering Corporation? What if they use counterfeit bricks? WhiteJade --- K-Dog
One of the biggest contractors in the world. All of a sudden Arabs are in love with Chinese. Saudi just awarded them a huge railroad contract. sage & onion
You should go into Al Quoz and Bashra area where they are working and see the mess. Snow
When the demand for a product is high, supply will be high.... sage & onion
You can say whatever you like, go take a look at the mess they have made in Al Quoz and Bashra also the amount of time they have had the place in a chaotic condirion. Now they put them on the Racecourse, good luck to them is all I can say.



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