02 Feb 2010 Press Release
 

Third Contract Win for DSI PJSC Brings Q1 Total Awards Value to AED 369 Million

Third Contract Win for DSI PJSC Brings Q1 Total Awards Value to AED 369 Million
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MEP Works at 5-star business hotel and residence project awarded to Drake & Scull International Abu Dhabi
Abu Dhabi, 02 February 2010: Drake & Scull International Abu Dhabi, a subsidiary of Drake & Scull International (DSI)Drake & Scull International (DSI)Loading... PJSC, has been awarded a contract for mechanical, electrical and plumbing (MEP) works for a prominent Hotel in Abu Dhabi. The contract has been awarded by Arabian Construction CompanyArabian Construction CompanyLoading... (ACC)(ACC)Loading... and is valued at AED 187 million.

This is the third project DSIDSILoading... PJSC has won in the first quarter of 2010, bringing the total value of projects won in the same period to AED 369 million.

"We are very pleased to be able to contribute to the growing market for construction and property development in Abu Dhabi," said Khaldoun Tabari, Vice Chairman & CEO of Drake & Scull InternationalDrake & Scull InternationalLoading... PJSC.

DSIDSILoading... Abu Dhabi was established in the UAE since 1966. They have worked on some of Abu Dhabi's most prestigious projects, such as Baynunah Tower the Shangri La Hotel Qaryat Al Beri, for which they won '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.

-Ends-

About Drake & Scull International PJSC
Drake & Scull InternationalDrake & Scull InternationalLoading... PJSC (DSIDSILoading...) is an integrated end-to-end service provider in the field of electrical and mechanical engineering and has provided innovative solutions to customers since its inception in the UAE in 1966. Their expertise in Mechanical, Electrical & Plumbing (MEP) contracting spans from providing complete solutions through Design & Build and Engineering, Procurement & Construction (EPC), to Civil Contracting services across the UAE, as well as Infrastructure, Water & Power (IWP) solutions across MENA.

In 2009, DSIDSILoading... PJSC expanded its operations by acquiring two companies: Passavant-Roediger, a global developer wastewater, water and sludge treatment technologies with a presence in 13 countries across Europe, MENA and Asia that has provided over 5,000 installations, and Kuwait-based Drake & Scull InternationalDrake & Scull InternationalLoading... for Electrical Contracting, a prominent player in Mechanical, Electrical & Plumbing (MEP) contracting in Kuwait.

In 2010, expansion efforts continued with the establishment of two new subsidiary companies: Drake & Scull Water and Power L.L.C (DSWP), created to take on all of DSIDSILoading... PJSC's new Water & Power projects across the MENA region, and Drake & Scull Construction L.L.C, to take on DSIDSILoading... PJSC's regional construction projects outside of Dubai and Abu Dhabi.

For further information, please contact:
Drake & Scull InternationalDrake & Scull InternationalLoading... PJSC
Mariana Missakian
Corporate Communications Manager
T: +971 4 8112300
E: m.missakian@drake-scull.ae

Cicero & Bernay Public Relations
Tariq Al Sharabi
Account Director
T: + 971 4 334 2966
F: + 971 4 334 2977
M: +971 50 626 5535
E: tariq@cbpr.ae

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