DSI wins $49m Abu Dhabi govt contract
Dubai, May 3, 2011
Drake & Scull has won a Dh180 million ($49 million) contract for the complete Mechanical, Electrical and Plumbing (MEP) works for a government project in Abu Dhabi.
The latest project award boosts DSI’s project wins to Dh2.8 billion as of this month, an increase of approximately 200 per cent compared to the same period in 2010.
“Abu Dhabi continues to be the second largest contributor to our backlog. We have observed significant progression in the momentum of project awards during the first quarter of 2011. As major urban developments are coming on stream, we see severe competition. However, our rich experience of more than four decades in Abu Dhabi gives us the competitive advantage in securing substantial projects wins in the second half of the year,” stated Khaldoun Tabari, chief executive of DSI.
Drake & Scull's projects in the emirate, include the Baynunah Tower, Al Muneera development in Khor Al Raha, the Shangri La Hotel Qaryat Al Beri, for which it won the ‘MEP Medium Project of the Year Award at the Middle East MEP awards in 2008, and the Yas Island Rotana Resort and Centro by Rotana Hotel.-TradeArabia News Service