Sweid & Sweid Awards AED 250 Million Contract To Civilco For Banyan Tree Residences

Award-winning UAE-based developer Sweid & Sweid has appointed Civilco Civil Engineering & Contracting Company as lead contractor on the first Banyan Tree Residences to be built in the Middle East.

Located on a large island overlooking The Emirates and Montgomerie golf courses, the project sits at the intersection of DMCC and Emirates Hills on Al Telal Street and is scheduled for completion in Q3 2019.

Maher Sweid, Managing Partner of Sweid & Sweid, said: “The selection was made based on Civilco’s proven track record of successfully executing high rise projects in Dubai and throughout the UAE, along with timely completion”.

“Furthermore, Civilco boasts extensive experience in managing projects within busy residential areas including the Burj Khalifa District and Jumeirah Lake Towers. Its strong financial standing and comprehensive network of experienced subcontractors and suppliers strengthen the company’s prequalification as the main contractor of choice.”