Dodsal awarded US$178 million contract by Nakheel
Dodsal, an engineering, procurement & construction multinational and an infrastructure developer with its corporate headquarters in Dubai, UAE has been awarded approx. AED 650 Million or approx. US$178 Million contract by Nakheel to execute complete Infrastructure works for Contract 2 at the Jumeriah Village South III – Circle Project. The project includes approx. 50 km. of Asphalt Road works, providing for District Cooling Network, Power & Telecommunication Network including broad band, Water Distribution, Sewage & Sewerage, Fire and Irrigation works. The contract duration for this project is 18 months. The project site is located between Emirates Road, Al Barsha Road and Al Khail Road.
Dubai based Limitless LLC are employed as Development Manager on behalf of Nakheel. Canadian firm EllisDon are engaged as Project Managers for the development, with British firm Mouchel Parkman employed as the Consulting Engineers.
In addition Dodsal is also executing Nakheel’s US$ 100 Million, Mesoamerican project comprising of 27 numbers multi-storied residential buildings, with a total built-up area of 1.94 Million sq.ft.
This project brings Dodsal’s current order book in excess of US$ 2 billion. Some of the other projects being executed are: QP - Ras Laffan Common Cooling Seawater System Phase II (US$ 1 Billion), Takreer - Inter Refinery Pipeline Project (US$ 400 Million), Nakheel - Mesoamerican Project (US$ 100 Million), Rasgas - LNG project for JV of Chiyoda / Technip for construction work on the 7.8 MMTPA super LNG trains (US$ 200 Million).
By 2010 Dodsal expects revenues from its Engineering and Construction business to touch approx. US$ 3.5 billion. Revenues from Infrastructure, Trading and Quick Service Restaurants are expected to be approx. US$ 1.5 billion, taking the group’s total revenues to US$ 5 billion by 2010. This excludes revenues from oil exploration and drilling business.