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DSI’s AED 3.4 billion H1 projects

Civil, MEP and water and power projects in Oman, Egypt, Kuwait, Saudi Arabia, the UAE, Asia and Europe have pushed DSI’s H1 project value to AED 3.4 billion.

The company’s flagship Middle East development, the Danat Al Emarat Women and Children’s Hospital in Abu Dhabi, is valued at AED 170 and will see DSI supplying complete MEP works for the second and final package. The main contractor, TERNA, was awarded a contract valued at AED 440 million in March.

“We have successfully secured AED 3.4 billion worth of work since the beginning of the year, which clearly indicates the effective diversity of our service portfolio across the region and our commitment to maximizing our shareholders value,” CEO Khaldoun Tabari said.

Developed by United Eastern Medical (UEMedical), the hospital is the first planned all-digital hospital in Abu Dhabi. Comprising 11-storey ,over 70,000 square metres  is it due for completion Q4 2012.

“DSI has successfully completed a reputable project profile of hospitals of different size and complexities in the region such as the Mina hospital in Mecca, the Jizan hospital in Jizan and the Rashid hospital and American hospital Expansion in Dubai among others,” said Mark Andrews, managing director of DSI-MEP added.

It is intended to provide critically needed maternity and neonatology services in the Emirate and will “set a new standard in patient care delivery”, becoming a regional centre of excellence in women’s and children’s health, and a referral centre for high risk pregnancies, in addition to being specifically designed to ensure a comfortable and safe environment for its patients, staff and visitors.

“We started Q3 with this prominent project win in the Emirate of Abu Dhabi, the second largest contributor to our Backlog and a competitive and dynamic market where DSI first operated in the region, evolved and accumulated a great level of expertise through the execution of a prestigious profile of iconic projects across the residential, commercial, healthcare, and hospitality industries over the past 45 years,’’ added Tabari.

“We recognize that the efficiency and reliability of hospitals’ building systems are critical to ensuring optimal patient care and are paramount to maximizing the overall productivity level of the facility .DSI’s proven technical and integrated services in the health care industry will enable it to apply its state of the art engineering capabilities and latest software technologies in this project. We will start the pre-commencement of the MEP works immediately and we expect to hand over the project in November2012” Andrews continued.

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