Browse related articles

« Previous article Next article »

LATEST:

Drake and Scull International awarded Dhs400m Abu Dhabi contract

United Arab Emirates: Wednesday, May 13 - 2009 at 11:26
PRESS RELEASE

Gulf Technical Construction Company has been awarded its first project in Abu Dhabi an Dhs400m contract, including an Dhs100m Mechanical Electrical and Plumbing contract that will be executed by DSI for the Mangrove Place project on Al Reem Island.

Article continues below ▼

+ Enlarge

Mangrove Place.

In 2007, GTCC was acquired by DSI to complement its established Infrastructure Water & Power (IWP) services. The subsidiary's turnover has rapidly increased from Dhs50m in 2005 to more than Dhs400m in 2008, while the number of its employees has increased from only 150 people in 2005, to a work force of more than 3000 people in 2008 and plans are in place to recruit an additional 2000 employees over 2009.

Saleh Muradweij, Executive Director of GTCC, said

"winning a Dhs400m mega-project on one of the most luxurious developments in Abu Dhabi is certainly an excellent start for GTCC operations in the capital. It is, yet again, an affirmation of DSI's technical capabilities, financial strength, and market leadership."

Mangrove Place, developed by Luxury Real Estate Development L.L.C. and financed by National Bank of Abu Dhabi, is located at Shams Abu Dhabi on Al Reem Island and is considered to be one of the largest mixed use developments in Abu Dhabi comprising commercial and residential development.

This is the third project win DSI announces in 2009 bringing the total value of DSI projects to an excess of Dhs6bn.

Work on the project has commenced and is expected to be completed by end of 2010.

DSI is a leading UAE-based end-to-end service provider of MEP contracting, infrastructure, water and power (IWP) and civil contracting services. On March 16 2009, DSI became the first specialist contracting company to list on the Dubai Financial Market (DFM).

Also consider reading:

Aldar announces completion of Ferrari World Abu Dhabi external structure.

» Aldar announces completion of Ferrari World Abu...

» Emaar may scrap Burj Dubai towers project

» Burj Dubai opening postponed until January

Villa prices are beginning to show signs of stabilising

» Dubai apartment prices to come under renewed pressure

» Nakheel executives granted bail in $11.9m fraud case

ADD ARTICLE TO
Digg
Facebook
LinkedIn
Twitter

Browse related articles

« Previous article Next article »

Today's most read articles:

Related site: http://www.drakescull.com

Notes and media contacts

About Drake & Scull International PJSC
Drake & Scull International is an integrated end-to-end service provider in the field of electrical and mechanical engineering and has provided innovative solutions to customers since its inception in the UAE in 1966. Our expertise in mechanical, electrical and plumbing (MEP) contracting spans from providing complete solutions through Design and Build to Engineering, Procurement and Construction (EPC), and civil contracting services across the Emirates as well as maintenance and operations of District Cooling Plants across the Middle East and North Africa.

About GTCC
Gulf Technical Construction Company (GTCC) is a general contracting company involved in the execution of a vast array of Civil and Building projects and is specialized in Oil & Gas, district cooling, water purification and power generation. From design to construction, the company provides innovative solutions through expediting delivery, value engineering and effective resourcing to optimize delivery of turnkey projects. GTCC operates in a lucrative niche strategically positioned between large main contractors and small players. The company is engaged in offering quality contracting services with a competitive edge.

For further information, please contact:

Drake & Scull International PJSC
Mariana Missakian
Corporate Communications Manager
T: +971 4 8112300

Cicero & Bernay Public Relations
Tariq Al Sharabi
Account Director
T: + 971 4 334 2966
F: + 971 4 334 2977

Posted by Rima Ali Al Mashni
Wednesday, May 13 - 2009 at 11:26 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions

Drake and Scull International awarded Dhs400m Abu Dhabi contract

Gulf Technical Construction Company has been awarded its first project in Abu Dhabi an Dhs400m contract, including an Dhs100m Mechanical Electrical and Plumbing contract that will be executed by DSI for the Mangrove Place project on Al Reem Island.

Related stories

Also consider reading:

Notes and media contacts

Disclaimer:

Welcome Mac user!

News Releases

Special Reports »

Events Coverage »

Industry News

Video

Audio

Financial Markets

Country News

News and Comment

Business Services »

Country Guides »

Newsletter »

AMEinfo.com Jobs »

HUMAN RESOURCES MANAGER - LEBANON

COMMERCIAL FINANCE MANAGER

FINANCE ANALYST

White Papers Library »

Businesses for Sale »

News Alerts »

Business Directory »

Current Events Directory »

News »

Mobile

Follow AMEinfo.com