March 29, 2024

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Drake & Scull Kuwait signs three major projects deals worth AED 128 Million

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Company secures engineering contracts for Sheikh Jaber Cultural Center, two
commercial developments & a health care facilitydrake & Scull Khaldoun Tabari CEO

Drake& Scull Kuwait (DSI Kuwait), a 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 and Oil and Gas, has
won a major engineering contract worth AED 68 million for Sheikh Jaber Al
Ahmad Cultural Center in Kuwait City. The company further revealed that it
has also bagged an MEP deal worth AED 60 million for a healthcare facility
in Shuwaikh and two commercial developments in Al-Qebla.

Under the terms of the first agreement, DSI Kuwait will undertake supply,
installation, testing and commissioning of plumbing and fire fighting works,
including defect liability to be completed by October 2015. Located near Al
Salam Palace in the heart of the Kuwait City, the Sheikh Jaber Al Ahmad
Cultural Center will be an iconic building, reflecting the evolution of
Kuwaiti cultural and heritage landscape. It would be equipped with
state-of-the-art facilities required to organize a wide range of cultural
activities.

DSI Kuwait will also carry out the MEP works for two commercial
developments in Al-Qebla area of Kuwait. The scope of work includes
renovation and maintenance along with replacement of chillers, electric main
panels and boards. Both developments are already under progress and will be
delivered by June 2015. The company has also bagged an MEP contract for a
healthcare facility in Shuwaikh. The scope of the project involves heating
ventilating and air conditioning (HVAC) along with plumbing and fire
fighting works. The work for this healthcare facility is already in advance
stages and will be handed over by March 2015.

Mahmoud Sabri, Area General Manager, Drake & Scull Kuwait, said: “We are
delighted to have secured these major project wins, which put us on the
right footing towards achieving our targets and executing our strategy in
Kuwait. The Sheikh Jaber Al Ahmad Cultural Center promises to become a major
landmark for Kuwait, and we will endeavor to make it a proud addition to
Kuwait’s skyline. We have proven our capabilities and established our
position in Kuwait as leaders in the Engineering business, and have
successfully undertaken and delivered significant projects like the State
Audit Bureau Headquarters. We have maintained our track record of ensuring
delivery of these projects on schedule, and see a lot of promise in the
market, particularly in the Rail sector where Drake & Scull Rail can deliver
Rail networks and stations. We are equipped with the region’s leading
skilled workforce and technologies and are prepared to undertake more work
as Kuwait embarks on its ambitious expansion plans this year. Kuwait remains
an important market for DSI and an important contributor to the company’s
revenue stream.”

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