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Tabari ... meeting demand.

Tabari ... meeting demand.

DSI secures $27m Doha contract

01 July 2011

DRAKE & Scull International (DSI) has secured a Dh100-million ($27 million) mechanical, electrical and plumbing (MEP) contract for a private residential facility in Doha, Qatar, through its newly-acquired MEP specialist company Drake & Scull International Qatar (DSQ).

DSI, the regional market leader in integrated design, engineering and construction disciplines of MEP, civil contracting and water and power, announced this at the international MEP summit at the Oryx Rotana, Doha, last month.

As per the terms of the contract, DSQ will immediately start the complete supply, delivery, installation, testing and commissioning of the associated MEP package and will complete and hand over this project in November 2012.

“We have reinforced the management team in DSQ and upgraded our operational capabilities to meet the rising demand for the planned 2022 World Cup-associated infrastructure, commercial and residential developments. We see a progressive increase in tendering activities and we expect to witness an increased impetus in project announcements in the market,” said Khaldoun Tabari, CEO of DSI. 

Commenting on the project win, managing director of DSI-MEP Mark Andrews said: “The ongoing construction projects in Qatar are ensuring solid activity levels for firms in the building material, construction and engineering sectors.  The diverse experience of DSQ and its specialisation in the MEP field will enable it to service all construction segments. “The huge influx of international contractors to the Qatari market stimulates strong competition and is raising the quality standards in the MEP industry.”

“The resurgence of project financing and the availability of credit will eventually accelerate the lifecycle of infrastructure projects. We are constantly investing in the development of sustainable engineering techniques and technologies to deliver the best international quality standards,” he added.

Since the beginning of this year, DSI has managed to secure a series of civil, MEP and water and power projects in Oman, Egypt, Kuwait, Saudi Arabia, the UAE, Asia and Europe with a combined value of Dh3.2 billion ($872 million) and its backlog stands at Dh7.5 billion ($2.04 billion) as of the end of March this year. 




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