Drake & Scull International (DSI) announced that it has been awarded an AED 52.8 million contract by Khamas Group of Investment Companies to deliver the complete Mechanical, Electrical and Plumbing (MEP) works for The Ritz-Carlton Residences, Business Bay, Dubai.
The contract strengthens DSI’s growing project backlog and reinforces the company’s continued momentum in the UAE construction sector. Work is scheduled to commence immediately following completion of contractual formalities and mobilisation.
Key highlights:
• Awarded an AED 52.8 million MEP contract
• Project: The Ritz-Carlton Residences, Business Bay, Dubai
• Client: Khamas Group of Investment Companies
• Scope includes complete Mechanical, Electrical and Plumbing (MEP) works
• Work to begin immediately following mobilisation and contractual formalities
The luxury residential development will feature:
• 48 luxury residences
• Prime waterfront location along the Dubai Water Canal
• Located in the heart of Business Bay
• Designed to deliver a premium residential experience under The Ritz-Carlton brand
According to Drake & Scull, the contract reflects the company’s continued focus on expanding its project portfolio and leveraging its specialist expertise in delivering technically complex MEP works for premium real estate developments.
Source: Drake & Scull International (DSI)
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.