Drake & Scull International Abu Dhabi has been awarded a AED 180 million contract for the complete Mechanical, Electrical and Plumbing works for a government project in Abu Dhabi. The latest project award boosts DSI’s project wins to AED 2.8 billion as of May 2011, an increase of approximately 200 % compared to the same period in 2010.

Mr Khaldoun Tabari CEO of DSI said that “The Emirate of Abu Dhabi continues to be the second largest contributor to our Backlog. We have observed significant progression in the momentum of project awards during the Q1 of 2011. As Major urban developments are coming on stream we see severe competition. However our rich experience of more than four decades in Abu Dhabi gives us the competitive advantage in securing substantial projects wins in the second half of the year.’’

Mr Mark Andrews MD of DSI MEP said that “Our technical expertise and proactive management allow us to cope with the evolving and challenging market dynamics of Abu Dhabi. Competition has exhibited substantial pressure on margins and therefore we are pursuing an effective strategy to realign our business model cut down unforeseen marginal costs and improve our procurement to submit competitive bids while maintaining our traditional best in class quality for our clients. Our involvement in early stages of the project design has become essential in ensuring reduced errors margins and technical variations to achieve higher productivity, cost effectiveness and operational efficiency. We are keen to deliver to the highest standards on this prominent project and we expect to start pre-commencement of the MEP works immediately.”