Projects in KSA and UAE include data centre and cash centre facilities

Drake & Scull International PJSC (DSI) has recently been awarded contracts collectively worth AED 369 million for the construction of three banking facilities, including a major data centre in the Kingdom of Saudi Arabia and a utility project in Abu Dhabi. Announcing this, DSI elaborated that it had been awarded three separate contracts by Al Rajhi Bank, with a combined value of AED 287 million, to construct the bank’s cash centre, operations centre and a major data centre facility in Riyadh. The company has also secured an AED 82 million contract for the construction of a government utility project in Abu Dhabi, it said.

Commenting on the award, Saleh Muradweij, Executive Director of Drake & Scull Construction, said: “These projects are indicative of the favourable market conditions and the aggressive pace of development being undertaken across the public and private sectors in two of our main growth markets. DSI’s broad expertise in general contracting and our deep understanding of the regional construction landscape will allow us to deliver on time our new contracts with Al Rajhi Bank in KSA and the utility project in Abu Dhabi.”

DSI revealed that it closed the year 2012 with a record high backlog of AED 9.1 billion as of December 31, 2012, and has managed to secure AED 1.1 billion worth of work in KSA, Qatar and Abu Dhabi year to date.