Kuwaiti contract wins for DSI
Multi-million dirham infrastructure projects awarded
Drake and Scull’s Kuwaiti portfolio received a boost this week with news that the company has won social, cultural, sports and recreational infrastructure contracts worth AED 155 million.
The integrated design, engineering and construction firm, trading as DSK in Kuwait, will be in charge of the commissioning and execution off all associated MEP works for governmental buildings facility, a sports complex, a mosque and a printing press establishment.
“We expect a steady and gradual growth for DSI in Kuwait,” DSI PJSC CEO, Khaldoun Tabari, said.
“Since the acquisition of DSK in December 2009, we are exposed to the latest construction developments in the country and we are actively indentifying opportunities that best fits our service portfolio,” Tabari added.
In a statement, DSK reported the Q2 Kuwait Infrastructure Report as saying the private sector is “primed to play the lead role” in developing the Kuwait urban metro, valued at US$7bn. Other key projects will see development in electricity generation; the US$3bn tourism development at Failaka Island and redevelopment of Kuwait airport.
It is anticipated that the country’s construction sector will experience stable average real growth of 2.36% over the duration of the 2010-2014 forecast period.
“Education and healthcare are currently the major thrust of government expenditure, our reputable experience, technical expertise and management speciality in these industries will allow us to qualify for substantial projects in educational and healthcare building programmes,” Tabari continued.
“The MEP market in Kuwait is evolving, the interface between developers, design consultants and contractors across the construction value chain is improving. DSI is constantly seeking to engage key members of its supply chain in the design process where their contribution creates value,” Mark Andrews, managing director of DSI-MEP added.
