Khaldoun Tabari, DSI PJSC CEO and Vice-Chairman
Drake & Scull International PJSC (DSI PJSC), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Engineering, Rail, Oil and Gas, Water and Wastewater Treatment, announced that its subsidiary Drake & Scull Engineering (DSE), has recently won two major contracts for the Saraya Aqaba Resort, a mixed-used, themed development around a man-made lagoon in Aqaba, Jordan for a combined value of AED 259 Million.
A consortium comprising Arabtec – the UAE’s leading construction company, Consolidated Contractors Company – the largest engineering and construction company in the Middle East , and Drake & Scull Construction – the General Contracting business stream of DSI, is the main contractor for the Saraya Aqaba Resort. The consortium awarded the sub-contracting deals worth AED 259 million to Drake & Scull Engineering.
Under the terms of the agreement, DSE will provide complete MEP services for two 5-star hotels managed by Dubai-based international hospitality chain - Jumeirah Group, two 5-star hotels run by Starwood Hotels & Resorts, a leading global chain of hotels, and 12 uniquely designed luxury villas. Additionally, DSE will undertake the complete design, supply and installation work for a district cooling plant with a total capacity of 8,000 TR along with the seawater intake and pumping station for the entire resort. Both projects are already under progress and are expected to be completed by the end of 2015.
Khaldoun Tabari, DSI PJSC CEO and Vice-Chairman, said: “The project award demonstrates our expertise and capability in delivering projects of large scale and prestige all across the region. Drake & Scull Construction is currently undertaking the general contracting works at Saraya Aqaba which is progressing on schedule, and the additional scope for Drake & Scull Engineering demonstrates our capability to develop projects in the greater Levant region. The project win is key to our strategic expansion plans in Jordan, which is currently witnessing a resurgence in the real estate sector. We expect to be among the key players in the country’s construction sector as we consolidate our position as preferred partners through all our business streamlines.”
The Saraya Aqaba Resort is a premium hotel and leisure development located on the Gulf of Aqaba in Jordan. The man-made lagoon will add almost 1.5 km of beachfront to Aqaba city lying on the Red Sea. The massive project encompasses luxurious hotels managed by world-class hospitality operators, upscale retail outlets at Souk Saraya, specialty restaurants, a beach club, a kids club, Wild Wadi Aqaba Water Park by Jumeirah Group, and sports complex, among others.
Drake & Scull Engineering is currently executing the MEP scope of services at the St Regis Hotel, Amman for a value of AED 160 Million which is scheduled for completion in 2016. DSI continues to enhance and strengthen its services offerings with unmatched vertical integration and global footprint. Total project awards to date reached approximately AED 4 billion in KSA, UAE, Qatar, Algeria, Jordan, India Romania, Turkey and Egypt.