DSI lands $21.8m deals in Kuwait, Qatar and Oman

DSI CEO Khaldoun Tabari.

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Dubai-based construction-engineering contractor Drake & Scull International (DSI) has been awarded four contracts in Kuwait, Qatar and Oman, the company said in a statement Tuesday.

DSI said the four new projects had a combined value of AED80m ($21.8m), but did not break down the value of individual awards. The projects are the Immigration General Directorate Building in Farwaniya, Kuwait; the Arabilla Tourist and Entertainment Complex in Salmiya, Kuwait, a commercial development in Oman; and the Emergency and Safety College in Qatar.

The awards bring the total value of projects awarded to DSI from the beginning of the year to AED2.5billion compared to AED1.5billion for the same period last year, the statement said.

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“We see a variety of opportunities to continue to grow our business substantively across the region,” said Khaldoun Tabari, CEO of DSI.

“We will continue the geographical expansion into regions with growth potential… [And] we are committed to exploring all viable opportunities to achieve our short and long-term growth objectives.”

DSI will oversee the supply, installation, testing and commissioning of Mechanical, Electrical & Plumbing (MEP) works for all the four projects and the heating, ventilation and air conditioning (HVAC) works and fire fighting programmes for selected projects, the statement said.

Monday DSI said its Abu Dhabi unit formed a company called Campco Properties in partnership with Buhairan Ltd. Campco Properties was established to provide accommodation facilities for DSI workers, the company said in a statement to the Dubai bourse.