Nov 01 2008
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DSI becomes a member of Build Safe Dubai
BSD is a not-for-profit organisation with members in the construction industry who share a common cause with regard to workers' welfare and safety. Earlier this month, DSI also joined the Emirates Green Building Council (EGBC) - a not-for-profit organisation with the goal of advancing green building principles for protecting environment and ensuring sustainability in the Emirates.
BSD aims to promote an agreed minimum of health and safety standards for the benefit of all workers in the construction industry in Dubai and the UAE. It seeks to communicate best practices and the importance of construction safety to all project stakeholders.
Khaldoun Rachid Tabari, Vice-Chairman and CEO of DSI , said: "Since the inception of DSI in the UAE in 1966, implementing the highest standards of health, safety and welfare has always been an important management responsibility that is on a par with production and profitability. This commitment enabled us to complete more than 27 million man-hours on our on-going projects without one serious injury or fatality."
Among DSI 's projects are the construction and maintenance of the district cooling plant and network at Jumeirah Beach Residence, the Dubai Festival City, Saudi Iron and Steel Company - Hadeed , and more around the GCC.
The company has experienced strong growth in recent years. In fact, in 2007 revenues increased by 16.7 per cent from the previous year and the company saw an increase of 38.1 per cent in gross profits compared to the previous year. Year-on-year growth in net profits, excluding the minority share, is 37.6 per cent.
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