UAE-based Hydra Properties said it has completed 60 per cent of excavation work for the  'Hydra Executive Towers' located at Al Reem Island in Abu Dhabi.

Hydra Executive Towers consists of three towers and two of them will rise up to 30 storeys each and function as offices. The third tower is planned with 24 storeys and will offer serviced apartments.

The towers are coming up along a waterfront promenade and will be interlinked by lush landscaped plazas with signature clusters of date palms.

World class shopping and dining establishments will line the waterfront which will offer an array of water based activities and sports.

Commenting on the swift progress of the much sought after project, Hydra Properties, chief executive officer,  Dr Sulaiman Al Fahim, said: "Hydra Executive Towers will go a long way to fulfill the long felt need for sleek business towers in Abu Dhabi."

"Executive Towers will empower decision makers by offering them unique business spaces and facilities that will play an intrinsic role in their growth and in formulating a vision for the future."

"I have no doubt that Hydra Executive Towers will act as an excellent launching pad for many a successful business venture in Abu Dhabi.”

Giving an update on the project, Jonathan Ing, project manager, Hydra Properties, said,"Hydra Properties has employed its logistics muscle in a fruitful manner to speed up the enabling work. The initial phase of the project is going ahead of schedule and 60 per cent of excavation work has been completed."

The project is expected to be finished by September 2011, and is executed by Tafseer Contracting Company while National Engineering Bureau acts as the engineering consultancy.

Hydra Executive Towers will also have business lounges, high-speed internet services, tranquil landscaped areas, refreshing greenery, pedestrian walkways, ample basement car parking and a drop off area for important employees and clients.

The interior of the Towers is designed to offer new levels of civilized refinement not previously found in the region.

The serviced apartments in the towers will employ state-of-the-art smart home technology to provide residents an unmatched living experience. The apartments, to be managed by a leading luxury hotel group, are available for outright sale.-TradeArabia News Service