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Top 10 MEP Middle East contractors

by Gavin Gibbon on Nov 20, 2014


Tawfiq Abu Soud.
Tawfiq Abu Soud.
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10. Efeco
$239m value of Abu Dhabi Airport MTB JV deal

The last twelve months has seen Emirates Falcon Electromechanical Company (EFECO) catapulted to the top table of the regional MEP contracting industry.

The company’s newfound status has been almost entirely due to its 100% takeover by regional construction behemoth Arabtec Holding in October last year.

Speaking directly after the buyout, former Arabtec CEO Hassan Abdullah Ismaik said: “Now that EFECO is a fully-fledged member of the Arabtec Group, we are in a far better position to enhance its growth and ensure it maintains its position as a market leader in electromechanical services. EFECO will remain a major cornerstone for Arabtec’s unique offering.”

Although the company already had operations in the UAE, Qatar, Jordan, and Saudi Arabia, the backing it has received from Arabtec has seen emboldened to take on some of the region’s most significant projects.

In February, as part of a joint venture with BK Gulf and China State, the company won a $239m (AED878m) joint contract to carry out work at the Abu Dhabi International Airport Midfield Terminal Building (MTB) project.

Signifying the scale of the company’s recalibrated ambitions, a week later it was announced that the company had been awarded a $272m contract for work at Abu Dhabi Plaza – not in the UAE, but Kazakhstan.

Shortly after, the firm appointed ex-Drake & Scull managing director, Tawfiq Abu Soud (pictured) to lead its attack on the market.

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