Feb. 7 (Bloomberg) -- Arabian Construction Co., an Abu Dhabi-based firm, and Simplex Infrastructures Ltd. have secured a contract to build India’s tallest tower.
World One, a 117-story building in Mumbai, will be the second tallest residential building in the world with a height of 442 meters (1,450 feet) when it’s completed in 2015, the company, known as ACC, said in an e-mailed statement yesterday.
The residential tower, designed by the New York City architectural firm Pei Cobb Freed and Partners, includes private pools, home theaters, outdoor Jacuzzis, an elevated park and an observatory lounge at a height of 305 meters, the company said.
Construction firms in the United Arab Emirates are searching for new markets after the global credit crisis caused a property boom in the federation to burst. ACC, which built some of the U.A.E.’s tallest buildings, is working on the construction of the tallest building in Jordan.
Simplex has built landmarks in India such as the Supreme Court building and is working on the construction of the first Ritz Carlton hotel in India, ACC said.
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