Credo Investments has announced the completion of Le Solarium, a maiden development project worth Dh405 million ($110.3 million) at Dubai Silicon Oasis (DSO).

The Le Solarium has become the first commercial project to be completed and delivered at DSO, said a company official.

The work on the project, awarded to Sun Engineering and Contracting Company (LLC), kicked off in the third quarter of 2006.

“Living up to our name Credo, which means belief, we have delivered our product before anybody else. This will definitely enhance our credibility and the customers’ confidence in our projects,” said Sajjad M Rashid, president of Credo Investments.

“Since we have successfully fulfilled our commitment to our clients with a timely completion of the project, the market will look to us with increased expectations,” said Ali Reza Mohammed Ali, managing director of Credo Investments. ’While others were busy announcing buildings we were building buildings,’ he remarked.

’Le Solarium now has the credit of becoming the first project in DSO to be launched on time, awarded contract, commenced the construction work on schedule and delivered to the clients before everybody,’ Mohammed Dewji, CEO of Credo Investments. 

’Promptness in service is the most significant part of our commitment to our customers, that include a broad variety of international corporate outlets within the IT sector,’ he added.

Dewji said the project has gained an incredible appreciation in property value since its launching.
The state-of-the-art commercial centre, Le Solarium, a G+14 story building, has been constructed on a sprawling land area covering over 71,000 sq ft.

Designed by National Engineering Bureau, Le Solarium comprises a shopping centre, multi-cuisine terrace food court, ultra modern business centre for conferences, top-of-the-line health club and a swimming pool.

The project’s design has incorporated the requirements for meeting the challenges of the highly sophisticated lifestyle of modern-day Dubai.

With interests spanning from transport, manufacturing industry and IT to trading and real estate since 1910, Credo Investments FZE has many prestigious property development projects under different stages including “The Prism” at the Business Bay.-TradeArabia News Service