Nakheel awards AED819m Palm Tower contract to two Abu Dhabi builders

03 October, 2015


Nakheel has awarded a AED819 million contract to build The Palm Tower, a 52-storey five-star hotel and residential building at Palm Jumeirah in Dubai. The master developer yesterday said it had appointed two Abu Dhabi companies, Trojan General Contracting and National Projects & Construction, to jointly build the 240-metre-high tower. The Palm Tower is one of 10 hotels being built by Nakheel as part of its expansion into the hospitality market.

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