Memon Investments awards contract to ETA MELCO for elevator installation within AED 450 million ‘Champions Tower IV’
Posted: 17-03-2009 , 08:07 GMT
Memon Investments, a leading Dubai-based property developer and part of the international business conglomerate, the Memon Group of Companies, has awarded ETA MELCO, a leading supplier of top quality vertical transportation systems, an AED 1.52 million elevator contract for the AED 450 million ‘Champions Tower IV’ project. This partnership marks the third contract to be awarded by the leading developer to ETA MELCO, following a recent elevator installation agreement, which both have signed for ‘Champions Tower II’ and ‘Champions Tower III’. The developer also revealed that its aim to strengthen its partnership with the industry-leading supplier is in line with its UAE-wide expansion strategy.
The agreement, which was signed by Rizwan Shaikhani, Joint Managing Director, Memon Investments; and Ahmed Meeran, Executive Director, ETA MELCO, involves the installation of four high-speed, state-of-the-art Mitsubishi elevators within the 20-storey tower. The entire process is expected to be completed within a 20-week period after the delivery of materials at site and completion of the hoistway. Boasting of cutting-edge features in elevator systems, the Mitsubishi-branded lifts will incorporate ‘Variable Voltage Variable Frequency’ (VVVF) technology.
“Our ongoing partnership with ETA MELCO underlines our commitment towards ensuring that all the components and processes in the construction of our projects are delivered and undertaken by market-leading construction partners,” said Rizwan Shaikhani. “As we steadily inch towards our goal of extensive expansion across the UAE, we have embraced a proven strategy of cultivating lasting relationships with organisations that are highly capable of further enhancing the value we offer to our investors. Through this agreement, we are confident that we have taken the convenience, security, and overall safety of the tenants within ‘Champions Tower IV’ a notch higher.”
The new elevator system will also feature ‘Advanced Group Control with Artificial Intelligence and Fuzzy Logic’ technology, which will facilitate energy efficiency and reduced waiting time through effective car allocation. Furthermore, an unoperation and service feature called the ‘Automatic Hall Call Registration’ will automatically assign another car if one car cannot carry all waiting passengers, while a peak traffic control directs cars across the 20 floors to where traffic is heaviest. In addition to its guarantee of top quality installation, ETA MELCO will also deliver free routine maintenance and 24/7 emergency breakdown support for two years.
“We are very proud to have been given another excellent opportunity to work with a leading developer such as Memon Investments. This new agreement has provided further boost to our promising partnership, and we are committed to living up to the challenge of meeting their stringent quality standards. It is our utmost goal to complete this installation within the timeframe we have specified, and we are confident that we will be able to match their expectations for this project,” concluded Ahmed Meeran.
Founded in 1975 as a joint venture between ETA and Mitsubishi Electric Corporation, Japan, ETA MELCO is the Middle East's largest company that offers design, marketing, supply, installation and maintenance of elevators and escalators from Mitsubishi. With offices in Dubai, Abu Dhabi, Qatar, Oman, Kuwait, Turkey, Sri Lanka, Maldives, India, Bangladesh, Mauritius, Seychelles and CIS countries, the company has completed vertical transportation systems installation for high profile developments, including the Burj Al Arab Hotel, the Emirates Hotel & Tower, the Dubai International Airport Extension Project and Madinat Jumeirah.
Memon Investments, a leading Dubai-based property developer and part of the international business conglomerate, the Memon Group of Companies, has awarded ETA MELCO, a leading supplier of top quality vertical transportation systems, an AED 1.52 million elevator contract for the AED 450 million ‘Champions Tower IV’ project. This partnership marks the third contract to be awarded by the leading developer to ETA MELCO, following a recent elevator installation agreement, which both have signed for ‘Champions Tower II’ and ‘Champions Tower III’. The developer also revealed that its aim to strengthen its partnership with the industry-leading supplier is in line with its UAE-wide expansion strategy.
