For the Substations and Instrumentation Facilities for the Shah Gas Development Project
Dubai, 20th February 2011: Target Engineering Construction Co, a Subsidiary of Arabtec Holding PJSC was awarded the contract for the Civil and Building Works for the GASCO Shah Gas Development Project in Abu Dhabi. The Contract was awarded by Saipem spa of Italy at a contract value of AED 206 Million. The period of construction is expected to be 33 months, starting March 1, 2011. Preliminary mobilization works have commenced.                                           

The scope of works includes the construction of 12 Substation buildings and Instrument / Equipment Shelters with a total area of 20,000 sq. m. The scope of work also includes Engineering, Procurement and Construction of all MEP related works for these buildings. 

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About Arabtec:
Arabtec Holding PJSC, formerly known as Arab Technical Construction Company PJSC, is a Public Joint Stock Limited Liability Company formed in 2004 to invest in the contracting sector through establishing, acquiring and owning shares in construction related companies in the UAE and abroad. Arabtec Construction LLC, Austrian Arabian Ready Mix Concrete Co. LLC and Arabtec Pre-cast LLC are wholly owned subsidiaries of Arabtec. Arabtec Construction Company LLC, the company behind the world renowned and iconic Burj Khalifa and widely recognised as one of the top construction companies in the UAE. Arabtec Holdings was formed to invest in the construction sector. The company relies on a highly motivated management team with vast experience in the contracting sector. Mr Riad Kamal, a founding shareholder, has overseen the development of several construction projects in Dubai and Abu Dhabi since 1975, many of which are considered landmarks in the UAE and soon to be recognised worldwide. Some of these buildings and landmarks include the Jumeirah Beach Residences, Al Mazaya Sky Gardens, Emirates Hills Developments as well as DIFC Gate Village.

For further information, please contact:
Serine Srouji
SAHARA Communications
Tel: +971 4 3298996
Fax: +971 4 3298995
Mob: 3286188 50 971+
Email: serin@saharagcc.com
www.saharagcc.com    

Press Release 2011