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Sun 1 Jun 2014 02:29 PM

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Dubai's Drake says unit wins $70.5m Jordan resort deal

Drake & Scull Engineering wins MEP services contract for four luxury hotels and 12 villas in mixed-use Saraya Aqaba project

Dubai's Drake says unit wins $70.5m Jordan resort deal
Khaldoun Tabari, CEO of Drake & Scull International.

Dubai-based Drake & Scull International announced on Sunday that one of its subsidiaries has won two major contracts for the Saraya Aqaba Resort, a mixed-used, themed development around a man-made lagoon in Aqaba, Jordan.

The contracts, worth a combined AED259 million ($70.5 million), have been awarded to Drake & Scull Engineering (DSE), a statement said.

A consortium comprising Arabtec, Consolidated Contractors Company, and Drake & Scull Construction, is the main contractor for the Saraya Aqaba Resort.

Under the terms of the agreement, DSE will provide complete MEP services for two five-star hotels to be managed by Dubai-based Jumeirah Group, two five-star hotels to be run by Starwood Hotels & Resorts,and 12 luxury villas.

Additionally, DSE will undertake the complete design, supply and installation work for a district cooling plant along with the seawater intake and pumping station for the entire resort.

Both projects are already under progress and are expected to be completed by the end of 2015, the statement added.

Khaldoun Tabari, DSI CEO and vice-chairman, said: "The project award demonstrates our expertise and capability in delivering projects of large scale and prestige all across the region. Drake & Scull Construction is currently undertaking the general contracting works at Saraya Aqaba which is progressing on schedule, and the additional scope for Drake & Scull Engineering demonstrates our capability to develop projects in the greater Levant region.

"The project win is key to our strategic expansion plans in Jordan, which is currently witnessing a resurgence in the real estate sector."

The Saraya Aqaba Resort is a hotel and leisure development located on the Gulf of Aqaba in Jordan. The man-made lagoon will add almost 1.5 km of beachfront to Aqaba city lying on the Red Sea.

The massive project encompasses luxurious hotels managed by world-class hospitality operators, upscale retail outlets at Souk Saraya, specialty restaurants, a beach club, a kids club, Wild Wadi Aqaba Water Park by Jumeirah Group , and sports complex, among others.

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