GDS bags Dh7.7m contract
Dubai, January 30, 2008
Gulf Dynamic Switchgear (GDS) has been awarded an Dh7.7-million ($2.09m) Motor City Uptown Area 1 contract.
Under the contract, GDS will design and supply low voltage switchgear panels to the Motor City Uptown Area 1, the company said in a statement.
GDS, a wholly owned subsidiary of M'sharie, will also supervise the testing and commissioning of the low voltage switchgear panels in 14 buildings of the high-profile project; the project will comprise of 11 Low Terrace residential buildings and 3 Terrace Tower residential buildings. Motor City Uptown Area 1 will be completed in 2008.
GDS has also been awarded Dh14 million contracts for supplying the low voltage switchgear panels for the Motor City Green Community project, Motor City Auto Mall project and Motor City Uptown Area 2 development.
“This new contract is testament to our expertise and the growing trust the public has in our company,” said GDS General Manager August Schmid.
“Gulf Dynamic Switchgear launched an expansion plan in early 2007 that witnessed considerable investment in new production lines and larger premises in Sharjah. We are delighted to announce that GDS has achieved a 100 percent increase in production capacity during the year 2007, helping us to further strengthen our position as a market leader in the Gulf region. We are confident that our dedication and improved resources will help us make significant advances in domestic and international markets in the year 2008.”
Founded in 1981, GDS designs and manufactures a comprehensive range of specialised electrical products that are used throughout the Middle East in the government and private sectors. GDS manufactures main distribution boards, sub main distribution boards, motor control centres, feeder pillars and street lighting panels, synchronising panels, and many more panels for specific requirements. - TradeArabia News Service
More Industry, Logistics & Shipping Stories
- A. Schulman announces changes in EMEA team
- Abraaj buys into Turkish dairy firm Yorsan
- Morocco revives plan to sell stake in port operator
- Sabic opens new $126m research facility
- UAE women entrepreneurs set for growth
- Major cruise liner docks at Abu Dhabi port
- MAG boosts Iraq shipping capacity by 60pc
- Sabic to distribute $2.4bn dividends in H2
- Pearl diving 'regains popularity' in Bahrain
- AerCap to buy AIG aircraft leasing unit for $5.4bn