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DSI seals SR83m Saudi contract
Published in The Saudi Gazette on 15 - 11 - 2012

JEDDAH – Drake & Scull International (DSI) PJSC, a regional market leader in integrated design, engineering and construction disciplines of civil contracting, mechanical, electrical and plumbing (MEP), water and power, rail and oil & gas, has announced that it has been awarded three new MEP contracts amounting to AED318.5 million for a commercial development facility in Taif, Saudi Arabia and an administrative governmental facility and hospitality development in Abu Dhabi.
The Saudi contract, worth SR83 million, covers 58 commercial buildings and will be completed in quarter three 2013. The administrative governmental project is valued at AED115 million and will be completed in quarter four 2013. The AED118.5 million MEP contract for the hospitality development, covers a 10-level commercial tower and a business hotel and is scheduled for completion also in quarter four 2013.
“The new MEP projects add momentum to our business strategy across the GCC, particularly in Saudi Arabia and Abu Dhabi which are among the priority markets in our regional growth plan. These projects likewise reinforce our position as the market leader in the region, while underlining DSI's reputation as the preferred integrated engineering solutions provider of both private and governmental entities. We are therefore pleased to add the commercial development facility in KSA and the administrative governmental facility and hospitality development in Abu Dhabi to our list of high-profile projects in the region,” said Khaldoun Tabari, CEO of Drake & Scull International.
DSI continues to capitalize on its decades of regional expertise with its wide range of engineering specialty covering the residential, commercial, aviation, healthcare, education, utilities and transport sectors.
Expansion into Africa and Asia is on track where the company is particularly focusing on the utilities sector aiming to benefit for the unique patent engineering technology of its German subsidiary Passavant Roediger in the water and waste water fields. – SG


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