Dubai, UAE; June 03, 2007: Multiforms, the Dubai based architectural aluminium façade specialist and subsidiary of Emaar Industries & Investments (EII), signed today its first International deal for the Design, Supply and Installation of a building envelope with UK based Multiplex (UK) Construction with a value of AED 62 million.
As per the deal, Multiforms will design, supply and install the external envelope to Castle House, situated in Elephant and Castle, London. Castle House is 43-storey residential building that forms part of the regeneration plan for the Elephant and Castle area and will form the centre piece of this prestigious development.
“Today is a landmark day for Multiforms as the signing of this agreement is the first step for our company as we enter the International market not only as a major player in the current GCC market but as a future Internationally recognised supplier of building envelope systems,” said Mr. Firas Rifai, Managing Director, Multiforms L.L.C.
Mr. Ross Ballingall, Director, Multiplex (UK) Construction, added: “Having worked on Emaar’s Dubai Marina and currently working on Lord Foster and Partners, Index Tower, and Union Properties, and Motor City Automall with Nasa Multiplex, Multiforms has shown its commitment and ability to work as part of a professional construction team and this agreement only goes to show Multiplex` commitment and trust in Multiforms to produce a product that will meet the required international standards”.
“Multiplex is employing the best capabilities, from around the world, for the development of Castle House. Together with Multiforms, we are confident that the successful completion of this project will lead to more prestigious projects being awarded to Multiplex,” stated Mr. Ross Ballingall, Director, Multiplex (UK) Construction
Considered to be the fastest-growing company in its field, Multiforms is a subsidiary of Emaar Industries & Investments, a global investor that capitalises on growth prospects in the manufacturing sector by investing in existing businesses and establishing joint ventures with leading establishments. Since its association with EII, Multiforms’ production capacity has increased by 400 per cent. EII’s involvement has allowed it to ratchet up its engineering capabilities, introduce new senior management and move the business into a new 8,000 sq m facility in Dubai Investment Park (DIP). In the process, turnover has climbed more than 300 per cent since EII’s involvement began a year ago.
