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FINANCIAL NEWS
Dubai’s DSI signs a turnkey contract in Saudi Arabia
19 Mar 2012
(MENAFN) Dubai-based Drake & Scull International (DSI) has inked a USD38 million contract to provide turnkey mechanical electrical and plumbing (MEP) services in Saudi Arabia, Arabian Business reported.
DSI will carry out the work at the five-star hotel Assila Towers project in Jeddah, which will be operated by Rocco Forte Hotels.
DSI said it will begin working on the site soon, expecting to complete it by mid 2013. The main contractor on the site is Al Saad General Contracting.
DSI, previously this month, won a USD27 million contract to set up an intake water system for a power plant in Orissa, India.
It also won recently a USD230 million civil contracting project win in Algeria.
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