Drake & Scull bags $30mn district cooling deal
Firm to develop 14,250 refrigeration ton unit in Qatar's Lusail City.
Drake & Scull International (DSI) has won a contract worth AED 110mn ($30mn) for a District Cooling Plant at Lusail City in Qatar.
Under the terms of the agreement, the company’s engineering (MEP & Water and Power) business DSE Qatar will design and build a district cooling plant, of 14,250 tons of refrigeration that will supply chilled water to the early completed buildings in Lusail City, by July 2015.
The scope of work includes building the plant along with all associated equipment, controls, instruments, piping and valves.
DSE Qatar will also undertake civil work for foundations, plinths, above ground concrete water tanks, and electric rooms, including 11 KV switch gear rooms, transformer rooms, LV MCC rooms and generator rooms.
Ahmad Al Naser, Managing Director of Drake & Scull Engineering, said, “These are exciting times for Qatar’s construction segment, which is expected to grow by 10.1% before the end of 2014, according to a report by Business Monitor International (BMI), a leading, independent provider of proprietary data, analysis, ratings, rankings and forecasts.
“With this large influx of projects, Drake & Scull remains steadfast in its commitment to play a major role in the industry’s growth by leveraging its brand of world-class high quality services across Qatar’s current batch of high-profile projects.”
Commenting on the award, Karem Akawi, Area General Manager, Drake & Scull Qatar, said: “The winning of the contract for this project reaffirms our engineering expertise, which has been one of our key strengths in bagging several major contracts in Qatar.
“Qatar is rapidly expanding its construction and infrastructure sectors in line with the 2022 FIFA World Cup and Qatar National Vision 2030 and DSI will continue to be a crucial player in contributing to Qatar’s growth and development.
In addition, we are aiming to expand into the country’s new and upcoming sectors such as Rail and we look forward to playing a pioneering role in Qatar’s public transport sector.”
DSI Qatar enjoys a strong relationship with governmental development entities and major local property developers.
The company boasts of an impressive portfolio of ongoing projects in Qatar, including a AED 305mn contract for a mixed-use real estate development project in Doha, a AED 181mn residential project, and the AED 400mn MEP deal for Qatar Mall.
The company has also delivered several prestigious projects in the past, such as the Four Seasons Hotel, the Qtel Tower and the Doha Land District Cooling Plant and has a healthy backlog and a history of consistent profitability.