792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...
792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...
792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...
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Roles of ACC in INDIA<br />
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Arabian Construction Company’s activity with INDIA<br />
Arabian Construction Co. (ACC), in a joint venture with Simplex<br />
Infrastructures LTD has been awarded a contract to construct World One in<br />
Mumbai, India( Abu Dhabi, 6 February 2011).<br />
World One, with its 117 storey’s, will be the tallest building in India and the<br />
second tallest residential building in the world upon completion in 2015,<br />
standing at 442 meters. With amenities including 270 degree views, private<br />
pools, home theatre lounges, outdoor Jacuzzis, World One is set to be one of<br />
the most sought after luxury living destinations in the country. The completed<br />
tower will also include an 18,000 sq m elevated park, and an Observatory<br />
Lounge positioned 305m (1,000 ft) above the ground.<br />
The tower was designed by Pei Cobb Freed and Partners (formerly I. M. Pei &<br />
Partners), a renowned architectural firm based in New York City.<br />
The developer for the project, Lodha Developers Ltd., is India's leading real<br />
estate developer for residential and commercial properties, responsible for<br />
among some of the tallest structures in India.<br />
'' ACC brings unique knowledge of high rise construction and global best<br />
practices and Simplex provides significant capability and resources in the<br />
Indian context. We believe that this JV is best suited to build independent<br />
India's most iconic building,'' said AbhisheckLodha, Managing Director, Lodha<br />
Group.<br />
GhassanMerehbi, Chairman of ACC, said "This is our first venture into India,<br />
and we are very pleased to be working on such a prestigious project with<br />
India's leading developer. We are proud to contribute our resources and<br />
expertise in high-rise construction that we have developed in the Gulf"<br />
"This project is the first that our JV plans to build in the growing high-rise<br />
market in India" said Ani Ray, Simplex's Country Director for the UAE, "there<br />
will be many more, and we are mobilizing resources to be a key player in that<br />
sector".<br />
ACC is responsible for constructing several of the most impressive towers<br />
across the Middle East, including some of the tallest towers in the UAE such<br />
as the Almas Tower, Princess Tower, Pentominium, Sky Towers, Etihad<br />
Parul <strong>Institute</strong> of <strong>Management</strong> and Research - <strong>792</strong> Page 66
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