This is very interesting considering the recent stories in the Press regarding Arabtec taking the Developer to court.
And, China State Construction???, the best of luck to them.
http://www.arabianbusiness.com/549555-d ... grandstand
Dubai's Meydan relaunches $1.25bn grandstand
by Jason BenhamThis email address is being protected from spam bots, you need Javascript enabled to view it on Sunday, 15 March 2009
BACK TRACK: Malaysia's WCT Bhd & Dubai's Arabtec are seeking minimum $460m compensation after their contracts to build racecourse were cancelled. (Getty Images- for illustrative purposes only)Dubai's Meydan has relaunched work on a $1.25bn grandstand at a race course, appointing new contractors for the project which had been cancelled in January, a magazine reported.
Work has restarted Nad Al Sheba grandstand after Meydan appointed China State Construction Engineering Corporation and Dubai's Mammut Building Systems to complete the project, London-based MEED said.
Malaysian engineering firm WCT Bhd and Dubai's Arabtec Holding are seeking at least $460m in compensation after their contracts to build the racecourse were cancelled.
Both firms are initiating a civil suit and arbitration proceedings against the developer over an alleged breach on contract for cancelling the deal.
A spokesman for Meydan was not immediately available for comment. (Reuters)