A joint venture company on Thursday confirmed it has withdrawn from a $2 billion project to build Dubai’s Airport Concourse 3.
In a statement on the company's website, the Al Habtoor - Murray & Roberts - Takenaka joint venture (HMRT) announced it was pulling out due to its "inability to conclude an acceptable contract".
The group won the award in December 2008 and had been working with airport chiefs to finalise the contract terms but an agreement has not been possible.
The reasons behind the "inability?"
ReplyDeleteDo I even need to ask?