Turkish construction company Tekfen Insaat, a unit of construction to agri-industry conglomerate Tekfen Holding (TKFEN.IS), said Thursday it will undertake a $225 million project in the United Arab Emirates, the Ihlas News Agency, or IHA, reported.
The company said in a statement that it has signed a contract to carry out mechanical, electrical and instrumental assembly works in Shah-Asab-Sahil oil fields in Abu Dhabi, and for the construction of main oil pipeline.
Construction of the project will start by June 15, and is expected to be completed within 42 months.