Labtech wins key UAE, Eritrea supply contracts
DUBAI, January 21, 2017
Labtech, a leading player in design, manufacturing, installation and commissioning of laboratory furniture and a part of Masharie, a subsidiary of Dubai Investments, has won projects worth Dh11 million ($3 million) in the UAE and Eritrea to supply and install laboratory furniture and fire-rated doors.
The new projects won by Labtech include a Dh6.6-million contract for supply and installation of fire-rated doors in the Anwa by Omniyat Tower in Dubai Maritime City and an Dh1.3-million deal supply and installation of fire-rated doors for a three-star hotel in Al Jaddaf, Dubai.
Labtech has also won a Dh1.04-million contract from Al Taweelah Alumin -, an Emirates Global Aluminium (EGA) project to construct a greenfield alumina refinery in Khalifa Industrial Zone Abu Dhabi - for laboratory furniture and fume cupboards; and a letter of intent from United Nations Development Programme (UNDP) for a Dh2.88-million contract in Eritrea, Africa, said a statement from the company.
The company is currently negotiating projects to supply fire-rated doors and wardrobes for a number of projects in Dubai, with total contract value exceeding Dh28 million, it stated.
The ISO-9001 certified Labtech, which operates an 8,000-sq-m facility in Sharjah, is also eyeing expansion in Kenya amidst surging demand for laboratory furniture solutions.
Muhammad Tariq, the general manager of Labtech, said: "The demand for high-quality laboratory furniture and fire-rated doors and cupboards is on the rise, amidst a surge in the healthcare and infrastructure projects in the UAE and region."
"The new contracts are testimony of Labtech’s reputation and adherence to delivery standards and schedules. The company is looking at expanding its presence in Africa, with Kenya a key focus market," he added.
Labtech said it had last year supplied to a number of projects in Africa, including Arba Minch, Ethiopia worth Dh3.36 million, Ostuka Pharmaceutical in Egypt (Dh500,000), Eva Pharmaceuticals in Egypt (Dh930,000), while it is in advanced negotiations for hospital and university projects in Ethiopia and other parts of Africa.
Labtech has also finalised plans to supply the Forest Stewardship Certification (FSC) products in the GCC as part of its green building concepts, said the statement.
Since its inception in 1981, Labtech has carved a niche in laboratory furniture and fittings, fume cupboards, special counters used in the laboratories of hospitals, schools, universities, research centres, industries, it added.-TradeArabia News Service