DSI confirms Q4 contract variation in Saudi and the MEP package award for phase three of the Jabal Omar development in Mecca

Drake & Scull International PJSC (DSI), a regional market leader in the integrated design, engineering and construction disciplines of Civil Contracting, Mechanical, Electrical and Plumbing (MEP), Water and Power, Rail and Oil and Gas announced today the confirmation on its Q4 2012 contract variation order in the western province in KSA and the MEP package award for the phase three of the Jabal Omar Development in Mecca bringing the total value of announced projects awards in Q4 2012 to AED 3 billion.
Total project awards in 2012 as of the 31st of December closed at AED 5.4 billion in comparison to AED 4.4 billion secured in fiscal 2011 representing a 21 % year on year increase.
The preliminary 2012 fiscal financial results will be announced on the 13th of February stated officials at DSI.
Background Information
Drake & Scull International PJSC
DSI’s journey began in 1881 and has continued over 135 years, spreading from the western edge of Europe, to stretch across the eastern fringes of Asia today. DSI’s historic legacy can be divided into three significant milestones.