Dubai’s DSI unit wins $25m Romania water deals

Contracts latest examples of Drake & Scull International's increasing overseas focus
Drake and Scull CEO Khaldoun Tabari.
By Daniel Shane
Wed 12 Dec 2012 12:23 PM

A European unit of Dubai contractor Drake & Scull
International (DSI) has secured two water treatment contracts in Romania with a
combined value of AED90m (US$24.5m).

Passavant-Roediger, a wholly-owned subsidiary of DSI based
in Germany, will design and build a AED42.5m river water treatment plant in
Sibiu that will produce drinking water for 200,000 people. 

Passavant will install new feeding pipes for supplying drinking
water to Cisnadie and for replenishing the water reservoirs from the
Cisnadioara to Rasinari localities.

The second deal, worth AED47.5m, will see Passavant extend
and modernise a waste water treatment plant in Roman, which supplies water for
115,000. The company will conduct various mechanical and electrical works at
the facility.

DSI acquired an 82 percent stake in Passavant-Roediger for
US$39m in 2009.

DSI has been expanding its focus on overseas contracts in
recent months. In November, the company signed AED149m worth of mechanical and
plumbing deals in Qatar and India, while Passavant secured a US$46m water
treatment contract in Vietnam.

Passavant's order backlog has increased in value from AED150m in September 2011 to AED600m in September this year.

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