Pico and McLaren Awarded Construction Contract for the UK Pavilion at Expo 2020 Dubai

Pico Far East Holdings Limited, (HKEx Stock Code: 752) (“Pico” or “the Pico Group”)  today announced that it has won a construction contract for the UK Pavilion at Expo 2020 Dubai, which will run from 20 October 2020 to 10 April 2021.

In partnership with McLaren, Pico has been chosen to be the official construction partner for the 3,417 sq. m. UK Pavilion with its theme of ‘Innovating for a Shared Future’.

During the ground breaking ceremony, The Rt Hon Dr Liam Fox MP, the UK’s Secretary of State for International Trade announced that Pico and British construction firm McLaren were selected after a competitive dialogue procurement contract exercise.

Pico, with its 50-year track record and extensive global presence, has been in the UK since the 1980s and the Middle East since the early 1990s. Combined with McLaren’s wealth of experience in the construction and development industry in the UK and the Middle East they have built since 2001, this is sure to be a strong and successful strategic partnership.

Mr Lawrence Chia, Chairman of the Pico Group, said, “We are pleased to have been chosen as the official construction partner for the UK Pavilion. Together with McLaren, we will deliver this unique and exciting pavilion for Expo 2020 Dubai. This will be Pico’s eleventh world expo since 1986 and we look forward to bringing our experience and dedication to Dubai and welcoming visitors to this outstanding pavilion.”