EII subsidiary to build 23 high-strength steel buildings
Dubai, UAE; March 13, 2008: Mammut Building Systems FZC (MBS), a subsidiary of Emaar Industries & Investments (EII) and one of the region's largest manufacturers of pre-engineered steel buildings (PEBs) and polyurethane injected sandwich panels, has been awarded two contracts by Dubai Rapid Link (DURL). Under the contract, MBS will construct 2 auxiliary depots for the Dubai Metro project in Al Rashidiya and Jebel Ali.
MBS will build multi-span and clear-span buildings using high strength steel over a total built-up area of 109,000 sq m. Over 1,900 metric tonnes of steel will be used in the construction of the buildings in Jebel Ali and over 4,000 metric tonnes will be used in Al Rashidiya. DURL is one of the main subcontractors for the Dubai Roads & Transport Authority (RTA) Dubai Metro project.
Dr Ahmad Khayyat, Chief Executive Officer, EII, said: "The contract by MBS for building auxiliary depots for the Dubai Metro project illustrates the strong inroads made by the company following its partnership with EII. MBS is a market leader in pre-engineered steel buildings - a technology that is fast gaining ground in the region for its cost-effectiveness and durability."
MBS, a division of Mammut Group, is the first company in the world to create three-dimensional drawing for all its buildings thus achieving zero per cent detailing errors.
"We have extensive expertise in undertaking complex structures and our contract for the prestigious Dubai Metro project enables us to be part of a landmark infrastructure development in the region," said Mr Bob Webster, Managing Director, MBS.
"The deal further cements our reputation as the leader in PEBs, and underscores our capabilities to undertake complex and large-scale projects," Mr Webster added.
The use of PEBs is regarded as the most versatile and economical way to construct buildings. MBS, established in 1997, provides PEB applications for factories, cold stores, distribution centres, warehouses, workshops, exhibition halls, showrooms, aircraft hangars, worker accommodation, supermarkets and shopping malls.
EII acquired a majority stake in MBS and assists MBS in its plans to raise production capacity from 6,000 tonnes per month to 12,000 tonnes per month, and build a structural steel division.
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About Emaar Industries & Investments:
Emaar Industries & Investments (EII), a member of Emaar Properties PJSC, is a private joint stock company established in August 2005, to capitalise on the growth prospects of the Middle East and North Africa and South Asian manufacturing sector as a strategic investor and partner. EII strengthens industries by investing in existing businesses and establishing joint ventures with leading establishments. Since inception, the company has succeeded in creating an impressive brand that inspires confidence in investors.
EII is dedicated to investing in sustainable companies and projects that are economically beneficial and commercially sound. EII is focused on maximising its subsidiaries' long-term value, exposing them to industrial best practices, improving corporate governance, providing a solid and flexible capital base and ensuring sustainable cash flow.
EII focuses on exploiting the potential of the fastest growing sectors in the region, including building materials, FMCG, healthcare, metals, engineering industries including equipments & machineries, electronics & electrical equipment, and chemicals & petrochemical products. For further information visit www.eii.ae.
About Mammut Group:
Mammut Group was established to capitalise on the prospects of the regional manufacturing and industrial sectors. It drives its development with a vision of professionalism and excellence. Today, Mammut Group is a leading enterprise in its field with a total turn-over of US$520 million and is the holding company of three main entities.
Mammut Industries, the first entity, was established in 1992 and is the biggest manufacturer of all kinds of trailers and porta cabins in the Middle East with a yearly production capacity of 5,000 trailers of all kinds and 3,000 units of superior porta cabins.
Mammut Building Systems was formed in 1997 and is the leading UAE based pre-engineered steel buildings manufacturer with a production of over 6,000 tons of steel per month as well as production of over 180,000 sqm of polyurethane injected sandwich panels per month.
Mammut Technocrete, established in 2005, is the largest manufacturer of revolutionary pre-cast concrete panels in the world and will have a production capacity of 4 million square meters of panels per year in its final phase. For more details, log on to: www.mammutgroup.com.
For further information, please contact:
Shermin Mheidly
Senior Associate, Corporate Communications
Emaar Industries & Investments (Pvt) JSC
Direct Tel: (+971 4) 427 4868;
Fax: (+971 4) 427 4891
Email: smheidly@eii.ae
Kelly Home / Adnan Abdel-Razzak
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East & North Africa
Tel: (+971 4) 334 4550;
Fax: (+971 4) 334 4556
E-mail: k.home@asdaa.com, a.razzak@asdaa.com
© Press Release 2008
