MELBOURNE (Feb 21): The Middle East subsidiary of Australian construction giant Leighton Holdings has won a A$515 million (RM1.67 billion) contract to build a luxury hotel complex in Dubai.

The Habtoor Leighton Group (HLG) has been contracted to build what will become the largest integrated hotel complex in the Middle East, equipped with two multi-storey towers, 1,600 rooms and a Las Vegas-style aqua theatre, the Australian Associated Press reports.

Once completed, the hotel floor area will sprawl across a whopping 350,000 square metres.

HLG is 45 percent owned by Leighton, Australia's largest project development and contracting group.

It won the contract from the Al Habtoor Group, one of the Middle East's leading construction firms, headed by billionaire businessman Khalaf Al Habtoor.

The two companies have embarked on joint ventures in Dubai in the past, including construction of the Habtoor Grand and Metropolitan hotels.

Dubai's oldest hotel, the Metropolitan Hotel, will be demolished to make way for the new Habtoor Palace development.

Construction is expected to begin in June, with completion scheduled for the second half of 2016.

HLG has constructed many of Dubai's best-known hotels, including the seven-star Burj Al Arab, the Jumeirah Beach Hotel and the Dubai Shangri-la Hotel. — Bernama

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