Belhasa eyes solid growth in 2011
Dubai, January 12, 2011
Belhasa Projects, a construction contracting company based in the UAE, is poised for further growth this year, led by its infrastructure units specialising in water treatment, MEP and industrial and sports coatings, said a top official.
Greg Garner, CEO of Belhasa Projects, said among the major projects this year are sewage treatment plants and piping related projects in Qatar and the UAE.
'2010 was a tough year but also a successful one. We experienced significant growth, especially from our infrastructure and MEP divisions. The company maintained its market share in 2010 netting a revenue of $100 million,' he added.
According to him, Belhasa Projects, part of Belhasa International, was launched in 1980 as a specialist in swimming pool construction and today the company is one of the largest of its kind in the world.
The compaany operates across five divisions - Aquascapes (swimming pools design and construction, landscaping and water features), Sports and Coatings (fit-out of sport stadiums, tracks and coatings for industrial projects and car parks), Watertec (water treatment), Mechanical, Electrical and Plumbing (MEP); and Belcare (facilities management).
According to Garner, the company’s swimming pools and water features division is due to finish construction on a range of spas and pools for Grosvenor House II in Dubai and more than hundred pools for residents of Dubai’s Barari community, in 2011.
'Belhasa constructed pools can be seen in palaces, hotels, leisure complexes and villas. The company has also diversified into sports coatings, landscaping and maintenance, water treatment projects, concrete repairs, equine pools and MEP,' the CEO said.
Commenting on the future outlook, Garner said: “We are expanding our scope of work and actively pursuing wet infrastructure projects in Qatar; sports and coatings work in Kuwait and in India; and Aquascapes projects in East European countries.'
'In 2010, we laid the running tracks for Common Wealth Games in India and on the back of it we are working on several other projects in the country. We also successfully finished design consultancy works for swimming pools and water features at the Marriott Hotel in Baku, Azerbaijan,' said Garner.
'In 2011, I see strong growth for our Watertec division which is presently working on infrastructure projects from Ashghal and Barwa in Qatar, and district cooling and piping works with Tabreed and Meydan in Dubai,' Garner remarked.
Belcare, the facilities maintenance services wing of the company, has also firmly established itself currently serving communities of Arabian Ranches, Emirates Hills, Meadows, Springs, Victory Heights and Palm Island in Dubai.
Belhasa Projects, which completed 30 years of operations last year, employs 500 staff and a labour force of 2,800.-TradeArabia News Service