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Mon 22 Jan 2018 01:18 PM

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Dubai's Drake plans new labour camp to support UAE ops

Contracting giant says development is part of its ongoing UAE-wide operational improvements

Dubai's Drake plans new labour camp to support UAE ops

Drake & Scull International (DSI) has announced plans for a new labour camp in Dubai aimed at boosting performance, productivity and projects delivery in the UAE.

The development is part of DSI’s ongoing UAE-wide operational improvements and sustains the momentum of its recently completed debt restructuring which has infused new credit facilities for ongoing and new projects, the contracting giant said in a statement.

It said the camp will accommodate 5,000 workers and will cater to ongoing and future projects in Dubai while raising the overall operational capacity of the Group in the UAE. I

The company said its total headcount of labourers across all markets currently stands approximately at 12,000, adding that it is currently on a recruitment drive to further reinforce its workforce across all its operating segments.

Rabih Abou Diwan, investor relations director, DSI, said: “DSI is now well-positioned for a new phase of recovery and growth after successfully addressing major operational and financial challenges last year.

"In the coming months, additional initiatives focusing on the adoption of best practices and optimization of cost efficiencies will be rolled out.”

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