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Omniyat Properties has announced that the main construction works for The Pad has been awarded to a UAE-German joint venture company, Al Rostamani Pegel.
Works have already commenced and completion has been set for December 2009.
"The Pad has already earned several awards and distinctions from the international development community for its advanced technological design and functionality," said Mehdi Amjad, president and CEO, Omniyat Properties.
"The project will be central to Business Bay's global appeal epitomising the 21st century digital age."
The Pad, an iconic 24-storey futuristic tech-savvy tower, recently won the 'Best International Apartment' honour at the CNBC International Property Awards in Las Vegas, the largest industry accolades of their kind in the world.
The Las Vegas honour came on the heels of three other accolades achieved by The Pad in the CNBC Arabia Property Awards 2007 when it was named 'Best Development,' 'Best Interior' and 'Best Marketing' for The Pad.
"This is an important contract for Al Rostamani Pegel. The chance to work on a world-beating project such as The Pad is a career highlight for all involved," said Rolf Weber, executive director, Al Rostamani Pegel.
