Drake wins $109m contract in Qatar
Dubai, December 23, 2013
Dubai's Drake & Scull said on Monday that it had won a contract worth QR400 million ($110 million) for mechanical, electrical and plumbing work at the Mall of Qatar, which is now under construction near Doha.
Work on the project is scheduled to start in the first quarter of next year and is slated for completion in June 2015, the company said in a statement.
UrbanCon Trading and Development are the main contractors on this commercial development.
Under the terms of the agreement, DSI Qatar will execute the installation of all incidental electromechanical works on the three-storey mall which will feature a hypermarket, a multiplex, five department stores and at least 20 restaurants.
In addition to the car parking accommodating 7,000 cars, the mall will also have its own metro station.
Qatar is witnessing an upsurge in project tenders and contracts awarded as there is larger construction spending geared towards achieving its ambitious infrastructure development plans to facilitate the 2022 FIFA World Cup, said a statement from Drake and Scull.
Given this increased government expenditure and DSI Qatar’s proven track record, the company is poised to secure more projects and significantly increase its market share, it stated.
The win is the latest in a series of multi-million commercial and residential deals signed by the company in 2013, said a senior official.
“The Mall of Qatar is a very prestigious project award for DSI and will build upon the rich experience we have in Mega Retail projects. DSI Qatar’s MEP division is a market leader and is currently executing projects across District cooling, Hospitality and Residential sectors,” remarked Karem Akawi, the area general manager, Drake & Scull Qatar.
“Our engineering expertise is one of the central pillars of our success and will continue to be a vital factor for driving growth in Qatar during the crucial years leading up to the worldcup. We anticipate positive development in the rail sector as we have cemented strategic alliances with leading International Rail experts to address the challenges and needs of Qatar Rail,” he noted.
“We also see untapped potential in the Water and Waste Water sectors and we are well placed to leverage our patented European technology through our German Subsidiary Passavant Roediger to lead the modernization of Qatar’s Infrastructure,” he added.-TradeArabia News Service