Palm Water breaks the five billion barrier

The developer continues to notch up contracts in its home emirate of Dubai. It still has to break into the international market, however.

Palm Water has continued its recent run of successes, securing the award for a $550 million contract from Jafza (Jebel Ali Free Zone Authority) to design, build, own and operate a series of water and wastewater plants. The contract is another major achievement for the Dubai-based developer, taking its associated capital works programme to more than AED5 billion in 2006 ...

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