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Greek firm awarded a $17.2m Shams Abu Dhabi project February 27, 2007

Posted by grhomeboy in Business & Economy.

The Chief Executive at Sorouh Real Estate announced that the company has awarded its $17.2 million Shams Abu Dhabi to a Greek contractor, Athena SA, Gulf News reported.

The project, which is expected to be completed in 2011, occupies an area of more than 1.56 million square feet on Reem Island near Abu Dhabi shore, he said. The residential area will represent 80 percent of the project, while 20 percent will be allocated for commercial and recreational facilities, he added.

Shams Abu Dhabi project is expected to provide residential units for more than 70,000 people.

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