Dubai-headquartered contracting company Drake and Scull International (DSI) announced on Monday that it has secured two major contracts with a combined value exceeding 1 billion UAE dirhams ($272 million) for Arabian Hills project.

The two contracts encompass:

  • Infrastructure works contract for Area 10 (Sun Valley) and power works, street lighting, and contingencies for Services Authority Works, valued at AED 452,852,000.
  • Infrastructure works in Area 05 (Park Vista) and power works, street lighting, contingencies for Services Authority Works, and the construction of a Sewage Treatment Plant, with a total value of AED 557,809,000.

"These contracts are part of a large portfolio of projects that we are
currently working on, in addition to numerous tenders that we are competing for in various sectors,"  said Muin El Saleh, CEO of Drake & Scull International (DSI).

The AED 22 billion ($6 billion) Arabian Hills Estate project, launched last year, is located on the Dubai - Al Ain Road and comprises 14 phases spread over an area of 244 million square feet.

(Writing by Deva Palanisamy; Editing by Anoop Menon)(anoop.menon@lseg.com)

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