Dutco Balfour Beatty wins $229m hotel deal
Dubai, March 26, 2008
A Dubai-based subsidiary of Britain's Balfour Beatty has won an 840 million dirham ($229 million) contract to build a hotel in Dubai, a report said.
Dutco Balfour Beatty, in which Balfour Beatty has a 49 percent stake, will build the 45-storey hotel in the shape of a sail on Dubai's main highway, the Sheikh Zayed, London-based MEED magazine reported. - Reuters
