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DTCD is a truly remarkable project that will create a bold new business landmark at the heart of the UAE, and we are very proud to be involved in its development.
Earlier this month, DWTC named Amanresorts and GHM as operators of a prestigious signature destination that will anchor the hospitality offering within DTCD, as well as finalising a management agreement with Accor Hospitality for a new Ibis Hotel in the District.
The DTCD has carried out a feasibility study of Tambao where reserves are estimated at 17.
Perkoa is a good example of a DTCD exploration success progressing to a commercial venture, like the Syama gold mine in neighboring Mali in which BHP-Utah is involved.
This will also bode well for the 588-room business hotel in DTCD operated by the Accor Group under the Ibis brand, due to open early next year, and the on-going development of DTCD Phase 2.
Ahmed Bin Shafar, CEO of Empower, said the district cooling solution deployed for DTCD will provide a highly sustainable, technology-advanced response to the challenges of having efficient and reliable as well as environment friendly cooling systems for a large-scale business district.
The new award takes the overall value of Al Futtaim Carillion's work at the DTCD development to around Dh1.
The DTCD is a major development located between the Dubai International Convention and Exhibition Centre and Emirates Towers in the heart of the city's Central Business District.
The DTCD development would comprise of Grade A quality offices, which have achieved LEED Gold precertification from the US Green Building Council.
This first phase of DTCD will cater to this dual demand.
Located in one of the Emirate's key business districts and adjacent to the landmark Dubai World Trade Centre complex, the high profile DTCD will have direct access to Dubai Metro and the main artillery road network, easily facilitating visitors, office occupiers and surrounding residents.
Under the terms of the agreement, Accor will manage a new Ibis Hotel within DTCD, adding an additional 588 rooms for business and leisure travellers to Dubai in the first quarter of 2011.
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