Monday 18 February 2019

Officials at the signing ceremony in Sharjah.

Sharjah Asset Management seals CHSS partnership deal

SHARJAH, June 10, 2018

Sharjah Asset Management (SAM) has signed a project delivery partnership (PDP) contract with Consultant HSS (CHSS), an international engineering consultancy firm, to provide the most cost-effective and best-in-class engineering solutions with innovative technical expertise.

The investment unit of the Sharjah government, SAM said it will act as a ‘one stop solution provider’ with a focus on major tasks such as project planning, engineering design, build and execution, supervision and project management. Additionally, PDP will also help provide procurement for the required financing of the projects, it added.

ConsultantHSS, working closely with SAM, will co-ordinate and manage all the projects under the Sharjah group - with its full engineering expertise from project planning to construction and execution of the project, remarked CEO Waleed Al Sayegh after signing the deal with CHSS managing director George S Khraish.

"Our mission is to develop state-of-the-art assets to achieve sustainability and enhance the economic development of Sharjah. The initiative of PDP is inline with our vision and objectives. The expertise of ConsultantHSS and its team will further add value to our projects," stated Al Sayegh.

On the tie-up, Khraish said: "We are very honoured to enter into this partnership with SAM. We will leave no stone unturned to deliver the best possible engineering solutions for SAM projects."

"Our relationship with both government and private entities in the UAE spans more than a decade and this agreement will further strengthen our bond with this country," he stated.

SAM is highly focused on multiple sectors including finance and trade, logistics, technology, telecommunications, real estate, industry, transport, as well as oil and gas.

The Sharjah group, to its credit, has a number of major projects delivered in the emirate and is now working on other important economically viable projects. SAM’s landmark projects include Al Saja’a Industrial Oasis, Souq Al Haraj and Souq Al Jubail among others.-TradeArabia News Service

Tags: partnership | CHSS | Sharjah Asset Management |

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