Interserve Land £140m Dubai Contract

In keeping with the growing trend of UK companies expanding successfully abroad, Interserve have announced the procurement of a £140m contract in Dubai.

Interserve's Dubai associate company, Khansaheb Civil Engineering, has won a contract worth 1 billion UAE dirhams (approximately £140 million) to develop the infrastructure for the first phase of Al Furjan, a family-oriented residential community in Dubai. Interserve's share of the revenue will be £65 million. The contract has been awarded by Nakheel, one of the world's largest property developers and master developer of Al Furjan.

Al Furjan, meaning "a collection of houses or a small village", will ultimately include more than 4,000 homes in four communities. Phase One will create over 2,000 villas and terrace homes, a range of commercial and residential apartments and mixed-use plots with supportive retail centres. Khansaheb will build the infrastructure to support the communities including roads, power, water, sewerage and lighting.