Investors in Tameer Towers have been reassured the project is moving forward after developer Tameer Holding appointed new contractors for its flagship development in Abu Dhabi.

The Dubai based developer announced on Tuesday it had signed a construction agreement with a joint venture of Al Rajhi Projects and Construction and Al Habtoor Engineering Enterprises for the project, which is scheduled for delivery from December 2011 onwards.

Tameer president Federico Tauber has offered to meet worried investors who had contacted Arabian Business with concerns about whether the project was going ahead and asking for a return of their investment.

arabianbusiness.com