Al Futtaim Carillion (AFC) has been awarded a £150 million contract to build a new headquarters for the Abu Dhabi Investment Council.

Carillion remains on track to deliver substantial revenue growth in 2009 from its businesses in the Middle East and this latest contract win is continuing evidence of the positive outlook for these businesses, which have a pipeline of contract opportunities worth over £6 billion.


The new building, which will house the Investment Council's staff responsible for managing sovereign wealth investments for the Abu Dhabi government and also one of its holdings, the Al Hilal Bank, will comprise a 2-level basement and podium supporting twin 27-storey towers.

The design includes a 'mashrabiya' solar shading system, which will open and close during the course of each day, according to the position of the sun, making the building highly efficient in terms of heat gain and cooling. Construction work has commenced with completion scheduled for the end of 2011.

(CD/KMcA)