Company registers confident start to 2015 with a mixed use project award
[UAE, January 28, 2015] Drake & Scull Engineering (DSE), the engineering subsidiary of Drake & Scull International PJSC (DSI PJSC), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Water and Power, Rail, and Oil and Gas, and Water and Wastewater Treatment, has been awarded a AED 198 million MEP contract on an upcoming hotel and serviced apartment complex.
The package forms a significant part of the iconic project conceived as a mixed-used development which embraces the unique aspects of its prestigious location. Construction work on the hotel complex has commenced and completion is targeted for 2017.
Drake & Scull Engineering will deliver its MEP services for five hospitality buildings ranging between 15 and 19 floors, featuring a hotel and serviced apartments, a ballroom and an attached café; a marina, including four foot bridges and one vehicular bridge; and hard and soft landscaping works. The objective of the development is to transform the location into a vibrant urban centre and a prominent landmark in the heart of Dubai. The project will set a benchmark for future developments and it will be one of the much sought after addresses in Dubai.
Khaldoun Tabari, CEO and Vice Chairman of DSI PJSC, said “The prominent hotel project award is of great significance to the DSI Group as it gives us a promising start to 2015. We are honoured to have been selected as the client’s MEP contractor of choice. We are looking forward to working closely with the Client, Consultants and the Main Contractor to deliver the project in a timely manner and to the highest standards of quality, safety, and sustainability. This new award signifies the trust shown to Drake & Scull by prominent clients over the years for the delivery of high-end hospitality projects. It complements our excellent portfolio of landmark developments and further cements our position as one of the leading Engineering solutions providers in the region.”
Ahmad Al Naser, Managing Director of Drake & Scull Engineering, said “DSE is delighted to start 2015 on a very positive note, after a highly successful 2014 where we picked up nearly AED 5.5 billion worth of projects across MENA and Asia. We are committed to playing a key role in the ongoing preparations for World Expo 2020 through our involvement in several iconic additions to Dubai’s landmarks. The hotel complex is an ambitious and fresh project that will enable us to showcase DSE’s exceptional engineering expertise and help augment Dubai’s hospitality and M.I.C.E. portfolio.
The UAE represents one of our biggest markets and so we anticipate further growth in our backlog here. Our integrated engineering solutions will definitely have an impact on the directions of UAE infrastructure and property development, as will be proven by our ongoing work on the major projects won this year so far; including, the Mall of the Emirates Expansion, Habtoor City, Louvre Museum, Maliha Hospital, Danat Al Emarat Hospital, and the Plaza View Development. Moving forward, we intend to contribute to the UAE’s rail development agenda as well by combining DSE’s technological superiority, talented workforce and global footprint with Drake and Scull Rail’s proven record in delivering turnkey rail construction and maintenance solutions,” Al Naser concluded.
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 petrochem 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 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 48 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
Orient Planet PR & Marketing Communications
Dubai, United Arab Emirates
Tel: 00971 4 4562888