DSI unit wins $46m Vietnam contract
Dubai, November 21, 2012
Dubai-based Drake & Scull International (DSI), a regional leader in integrated design, engineering and construction, said its German subsidiary, Passavant-Roediger, has won a Dh169 million ($46 million) contract for the expansion of a water treatment plant in Vietnam.
The Thu Duc Water Treatment Plant contract is the first project for Passavant-Roediger in Vietnam.
Under the terms of the contract, Passavant-Roediger will be responsible for the engineering, procurement and construction (EPC) of a 300,000 cu m/day water treatment plant and for treating river water to provide high purity drinking water to the region’s inhabitants by using it high-end patented Turbo-LME Technology.
This will be the third phase of the water delivery program at Thu Doc, Vietnam. Aside from expanding the total capacity of the water treatment facility, Passavant-Roediger will also be responsible for the construction of the river water intake pumping station and pressure mains pipes delivering the feed water to the plant.
Commenting on the win, Dr. Mazen Bachir, the managing director, said: "This key project demonstrates the reputation of Passavant-Roediger as the leading global EPC specialist of turnkey water, wastewater and industrial process water treatment plants. Our global experience and patented technology have again played a very important role in winning this project."
Leveraging our core expertise in high-rate water purification technology using our patented Turbo-LME process, we are therefore looking forward to ensure the optimal performance of the water treatment facility and to satisfy the specific requirements of this high-stakes project, stated Bachir.
Passavant-Roediger, he said, has managed to substantially grow its backlog from Dh150 million recorded as of September 2011 to Dh600 million recorded as of September 2012 representing a year to year growth of 300 per cent.
This phenomenal growth indicates the fast integration of the German company Under the DSI PJSC umbrella and its ability to strategically penetrate promising markets in the Mena regionm, he added.
DSI had acquired Passavant-Roediger, a leading global developer of wastewater, water and sludge treatment technologies, with operations across EMEA and Asia, in 2009 to enhance its capabilities in the region’s water and wastewater sector.-TradeArabia News Service