Built to inform

Sign up for the daily newsletters

No, Thank you
Chris Preece
64

Chris Preece

 CEO, Mushrif Trading & Contracting
Sachin Kerur
Donna Sultan

Mushrif Trading & Contracting achieved revenues of $165.5m (KWD50m) in 2015, 2.1% of which was profit. Encouragingly, chief executive officer Chris Preece expects to almost double this figure to $324.5m (KWD98m) this year.

The Kuwait-based contractor has also enjoyed impressive growth from a staffing perspective. Since 2013, the size of Preece’s team has increased by almost 40%. Today, Mushrif employs 2,286 people, 161 of whom are qualified engineers. Moreover, during the coming year, the firm expects to grow these figures to 3,500 and 200, respectively.

Over the past 12 months, the contractor has completed two major projects in its domestic market: flowline replacement and general operational support for Kuwait Gulf Oil Company and Saudi Arabia Texaco’s joint operations; and construction and maintenance of a water network and tanks for C1 treated water on behalf of Kuwait’s Ministry of Public Works (MPW).

In June 2016, Mushrif is due to fulfil its contract for the desgin, construction, completion, and maintenance of temporary elevated U-turns at Nuwaiseeb Highway, also on behalf of MPW.

Commenting on his team’s current bidding strategy, Preece told Construction Week: “Mushrif is actively pursuing sub-contract opportunities with engineering, procurement, and construction (EPC) contractors in the oil and gas sector – in particular the Al Zour New Refinery Project (NRP) and the Clean Fuel Projects (CFP).”

Other player

Kez Taylor
1
ALEC
Yu Tao
2
CSCEC ME
Hamish Tyrwhitt
3
Arabtec Holding / Depa Group
Emad Azmy
4
Emad Azmy
Dr Eng Sani Sener
5
TAV Group
Samer Khoury
6
Consolidated Contractors Company (CCC)
Mohamed Alabbar
8
Emaar Properties
Stephen Flint
9
Khansaheb Civil Engineering
Patrick McKinney
10
BAM International

Awards

Deadline approaches for CW Oman Awards 2020 in Muscat
You have until 20 January to submit your nominations for the ninth edition of the
Construction industry conversations around digitisation must evolve
The Middle East construction industry’s approach to tech must evolve and focus on how can

Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 759
Feb 22, 2020