Simplex Infrastructures, one of India's leading infrastructure solutions providers has announced that it has bagged an order for AE$ 525 million (Rs 630 crore) for construction of the 2nd tower of the Twin-Tower Complex G-Emporium in the city of Arabia, Dubai. The project is executable over next 30 months.
The project is a 56-storied commercial tower of the same height and dimension and measuring 1 million sq.ft., as the first tower. Simplex Infrastructures had also secured the order for the construction of the residential tower for AE$ 489 million (Rs 587 crore).
The company made this announcement during the trading hours today, 24 September 2008.
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