BRITISH firms are lining up for a prestigious £100 million hotel and residential deal in Dubai.
Laing O'Rourke and Carillion have both worked for developer Union Properties on the Dubai Autodrome motor racing circuit and sources close to the deal believe they will bid for the scheme.
Of the two, Laing O'Rourke may have the edge since Carillion's work on the Autodrome was mainly civils.
The British pair are set to be joined by Australian giant Multiplex and South African contractor Murray & Roberts.
The 15-storey,350 room scheme will be leased to hotel group Ritz-Carlton, which owns a raft of exclusive developments around the world including London's famous Ritz Hotel.The deal also includes 300 flats carrying the Ritz brand planned under the same deal.
One insider said the block will provide 'the best apartments you could get in Dubai' Designed by US-based architect Gensler, the hotel has already attracted interest from British engineering group Hyder, which is understood to be on board as structural consultant.
A contractor will be appointed to build the hotel by the end of November, with work starting soon after.