Navayuga Engineering (NEC), one of India’s leading construction companies and part of the Navayuga Group, has consolidated its presence in the UAE with two prestigious contracts in 2008.

It will focus in the Middle East market in 2009 to attain a projected turnover of Dh800 million ($217 million) by the end of the New Year.

NEC, which forayed into the UAE market early 2008, won two contracts for infrastructure work of City of Lights project in Abu Dhabi.

The company completed work on the first project, and is currently undertaking another project work for City of Lights. Both underscore Navayuga’s core competencies in undertaking piling and other infrastructure-related work.

Antony David, general manager, Navayuga Engineering Company (Abu Dhabi), said: 'Year 2008 has been a rewarding year for NEC, as we consolidated our presence in the UAE with two landmark contracts for City of Lights.'

'The successful completion of the first project has reiterated our competencies in delivering projects as per schedule. We will continue to focus on the UAE market during 2009, especially with Abu Dhabi’s construction sector continuing to grow with several new projects coming on line,' he explained.

'The key to construction works in the current financial scenario is to optimize resource use efficiency and maximize productivity through economies of scale.'

'NEC has a large roster of modern equipment and skilled manpower, and by rationalising the use of our resources, we have been able to contribute to the overall developmental efficiency of the projects we undertake,' David added.
 
To support its growth strategy, the company has already mobilized manpower and achinery to the UAE including 22 heavy-duty rigs, 18 cranes and 15 Vibro Hammers – the first of its kind by a new entrant to the market.

NEC is focused on strong regional expansion, with plans to expand to Dubai and Oman this year. The company also plans to diversify its business to include infrastructure related works such as flyovers, underpasses, and metro and marine works.

NEC established its first overseas piling business branch in Qatar in 2006, and holds the record for executing piling works 30 days ahead of schedule for the Sports City.-TradeArabia News Service