DSI Awarded Contracts Worth AED 369 Million in KSA & Abu Dhabi Including First Major Data Centre Project in Riyadh

DSI has been awarded three separate contracts by Al Rajhi Bank

Dubai, United Arab Emirates (prHWY.com) March 19, 2013 - [Dubai, 19 March, 2013] Drake & Scull International PJSC (DSI), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Water and Power, Rail and Oil and Gas, 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, UAE.

DSI has 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.

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 is well suited for Data Centre Projects given our proven expertise with Electrical Systems, Design and Build for the Telecom industry and our modular construction capabilities through our subsidiaries, and we hope to secure more of these specialized projects in 2013".


DSI has strong familiarity with Data Centers, with the Telecom capabilities offered by DSWP which include design and build services for Switching Centers, Data Centers as well as optical networks. The company has been involved in Data Centers, via DSI Rail, which setup communications networks as part of Rail SCADA systems in East Asia and Europe.

DSI closed the year 2012 with a record high backlog of AED 9.1 billion as of the 31st of December. The company is poised for significant growth in 2013 and has managed to secure AED 1.1 billion worth of work in KSA, Qatar and Abu Dhabi year to date.

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