Company to deliver MEP works for iconic 72,000 sq. m. of retail space on the prestigious Jumeirah district
UAE - Drake & Scull Engineering (DSE), the engineering subsidiary of Drake & Scull International PJSC (DSI), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Water and Power, Rail, Oil and Gas, and Water and Wastewater Treatment, has been awarded an AED 123 million contract for an upcoming world-class mixed-use development in Dubai's exclusive Jumeirah district to provide a new dimension to the emirate's leisure and trade segment.
Under the terms of the agreement, DSE will develop over 72,000 sq.m of food and beverage (F&B) concepts and retail outlets along with the shell and core parking facilities. DSE's scope of work includes supply, installation, testing, commissioning and handover of complete MEP works and the project is expected to be completed by 2016.
Ahmad Al Naser, Managing Director of Drake & Scull Engineering, said: "We are excited to have been chosen by the developers who have envisioned a unique high profile beachfront retail concept that will prove to be an iconic milestone on the renowned Jumeirah skyline. The project award continues our project winning trend in the UAE which includes our recent key project wins like the AED 395 million Jewel of the Creek mixed-use development in Port Saeed, the AED 290 Million luxury mixed use development in Downtown Dubai and the AED 334 million iconic luxury hotel & residences on The Palm Jumeirah.
A retail project of such prominence and scale is a significant challenge for our engineering division and will be an eminent addition to our high-profile portfolio. Our experience with large scale retail developments such as the ongoing Mall of Emirates expansion in Dubai, as well as the rapidly progressing Mall of Qatar in Doha will prove vital in the construction of this project. DSE is well poised to undertake more projects as part of the UAE's infrastructure and real estate development program that is gathering steam in preparation for World Expo 2020. We are optimistic about our prospects to secure more project wins across the MENA region as we further consolidate our position as a regional leader in the core engineering sector."
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About Drake & Scull International PJSC
Drake & Scull International PJSC (DSI) is a regional market leader delivering world class quality projects via end to end solutions that provide integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Water and Power, Rail, Water and Wastewater Treatment, Waste to Energy and Oil and Gas, through People, Innovation, and Passion.
DSI established its first office in Abu Dhabi in 1966, and has since expanded operations to encompass offices in Dubai, Abu Dhabi, Egypt, Kuwait, Oman, Saudi Arabia, Qatar, Jordan, Algeria, Iraq, India, Thailand, as well as managing projects in Europe and other parts of North Africa.
DSI's main business streams include Drake & Scull Engineering, which serves as the MEP and Water & Power arm, Drake & Scull Construction (DSC), which is the General Civil Contracting unit, Drake & Scull Oil & Gas, which undertakes oil pipelines and related petrochemical projects, Drake & Scull Rail, Germany based Passavant Energy & Environment which focuses on Water and wastewater treatment as well as waste to energy and Drake and Scull Development, focusing on the Infrastructure sector.
In 2008, DSI offered 55% of its shares to the public and the IPO was oversubscribed 101 times. Ernst & Young ranked the IPO among the top 20 global IPOs in 2008.
DSI has since then used the funds to integrate, establish and acquire businesses that complement its corporate strategy of expansion into new markets, via organic and inorganic growth.
The fully Integrated Management Systems, certified to ISO 9001:2008, ISO 14001:2005, ISO 27001:2005 and OSHAS 18001:2007 standards are compliant with leading building, health and safety regulations, as well as sound environmental and energy management procedures.
DSI is a leader through experience, and has established a regional leadership position over 49 years of successfully completing the most complex projects on time, within budgets and matching set quality parameters.
DSI has delivered more than 700 projects around the world in the last five decades catering to aviation, residential, mixed use, power plants, district cooling plants, hospitality, healthcare, renewable energy, data centers, petrochemical, rail, commercial, government, leisure, and infrastructure sectors.
For further information, please contact:
Rabih Abou Diwan
Corporate Communications Manager
Drake & Scull International
Mobile: +971 52 800 34 12
Rabih.aboudiwan@drakescull.com
Orient Planet PR & Marketing Communications
Dubai, United Arab Emirates
Tel: 00971 4 4562888
Email: media@orientplanet.com
Website: www.orientplanet.com
© Press Release 2015
