Emirates Building Systems (EBS), a subsidiary of Dubai Investments, said it had completed projects worth Dh132 million ($36 million) in the first half of 2015, amidst escalating demand for steel structures in the region fueled by ongoing construction boom.

A regional pioneer in the design, fabrication and construction of steel structures, EBS pointed out that it had ssuccessfully executed 26 contracts during the period, across the UAE, Qatar, Oman, Saudi Arabia, Kuwait and Africa.

These contracts included a number of prestigious projects such as the IMG Theme Park in Dubai (UAE), Al Khor transfer station in Doha (Qatar), a petrochemical plant in Algeria, a ship-building facility in Dubai and warehouses in Somalia.

As a result, EBS recorded a 19 per cent year-on-year growth in the period under review compared to 2014.

The company also announced a strong focus in Africa, particularly in Nigeria, Ghana, Ethiopia and Tanzania, given the escalating demand for steel structures for infrastructure and commercial projects as well as the oil and gas sector in the continent.

Samir Akra, the general manager, said: "The rampant construction for infrastructure projects across the GCC and North Africa is leading to pent-up demand for steel structures. The strong year-on-year growth is a testimony of the potential of EBS’ wide product portfolio catering to various sectors."

"As one of the leading manufacturers of steel structures across the region, EBS is well-positioned to cater to this burgeoning market demand and complete even the most challenging of steel building projects to world-class standards," he added.

According to him, the EBS’ current projects bidding portfolio include end-to-end steel building solutions for a number of FIFA 2022 stadium contracts in Qatar, petrochemical projects in Oman, Riyadh Public Transport Control Center and petrochemical contracts in Saudi Arabia besides the oil and gas, commercial and industrial projects in Kuwait.

As a step to further reinforce its market leadership in the sector, EBS had announced the launch of the first-of-its-kind Buckling-Restrained Braces (BRB), which elevate safety guidelines in existing and new buildings by mitigating seismic risks, stated Akra.

The BRBs are produced by CoreBrace LLC – EBS’ associates and one of the leading names in braces technology worldwide.

According to market estimates, the demand for this one-of-its-kind technology is expected to grow 50 per cent year-on-year over the next five years, he added.-TradeArabia News Service