Nakheel awards USD102m Palm Jumeirah project


(MENAFN) Dubai-based Nakheel announced that it has awarded a USD102 million contract to Gulf Technical Construction Company (GTCC) for the construction of The Pointe at Palm Jumeirah, Arabian Business reported



Nakheel said GTCC, which is a subsidiary of Drake & Scull, is expected to commence before the end of January



Nakheel's USD217.7 million retail and entertainment project is to be constructed at the tip of Palm Jumeirah and is expected to finish in 2016.



The Pointe will include an assortment of shopping, dining and entertainment facilities


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