• HSBC

Denton Wilde Sapte advises Abu Dhabi's GHC on steel plant project

  • United Arab Emirates: Wednesday, March 08 - 2006 at 14:55
  • PRESS RELEASE

Denton Wilde Sapte is advising General Holding Corporation (GHC), a project development agency of the Abu Dhabi government, on the financing and construction of a new steel plant which is set to significantly increase steel production capacity in the UAE.

The EPC Contract for the Emirates Integrated Steel Facility, awarded to Italian Contractors Danieli, was signed at the end of January.

"We are enjoying working with the GHC team and our co-advisors HSBC and Atkins", says UAE-based partner David Courtney-Hatcher.

"Finalising this technically and contractually complex agreement in a short time was a fine achievement for all involved. This is just one of the many superb industrial and infrastructure projects in the region on which we are busily working."

Danieli will provide engineering, construction and technology expertise for the realisation of two rolling mills, a direct reduction plant and a meltshop.

The significant investment in this plant reflects Abu Dhabi's commitment to rapid industrialisation and the massive local demand for construction materials.

The Denton Wilde Sapte team comprises David, Steven Tee and Matthew Blycha.
 
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