Property in Dubai
DSC chosen as contractor for Binary Commercial Tower at Business Bay
Drake & Scull Construction (DSC), a contracting arm of Drake & Scull International (DSI) PJSC, has been chosen as the main contractor for construction of the Binary Commercial Tower at Business Bay in Dubai.
The contract is worth Dh.200mn, and is inclusive of associated construction works to complete the tower.
Developed by Omniyat, leading Dubai-based real estate development company, the Binary Tower is a 25-storey commercial tower, offering grade A commercial space, with wonderful waterfront views of the thriving Business Bay area in Dubai.
Speaking about the new contract, Saleh Muradweij, Managing Director of DSC, said that the Binary agreement reflects the Company's success in this line of business, and that it shows the optimism about the outlook of construction sector in the UAE. The work on the project has already mobilized, and is expected to be ready by early 2014.
DSC has achieved strong and consistent performance, ever-since its inception in 2010. The company, apart from being just a UAE-based contractor, has substantially increased its footprint in both Qatar and North Africa, within a span of a year. The emphasis is now on regional diversification, wherein DSC has achieved immense progress in Saudi Arabia, and has had a major breakthrough into Algerian market with a Dh.845mn project.
Posted on 7/5/2012blog comments powered by Disqus