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Fri 31 May 2013 11:15 AM

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Dubai's DSI wins $43m contract for Jordan hotel project

Drake & Scull hired to mechanical electrical and plumbing works at Amman hotel, residences

Dubai's DSI wins $43m contract for Jordan hotel project
Drake & Scull CEO Khaldoun Tabari.

Dubai-based Drake & Scull International has said it has been hired to execute mechanical electrical and plumbing works on a luxury hotel in Jordan.

The contracting giant has been appointed by Arabtec Construction, the main contractor, to work on the St Regis Hotel and Residences project in Amman in a contract value worth AED158m ($43m).

St Regis Residences Amman comprises two towers connected through an external façade and offers 79 residential units and sky villas.

The residential part of the project will also feature a swimming pool, fitness centre, reception lounge, business centre facilities, playgrounds, executive lounge, cinema and dedicated conference and meeting rooms.

St Regis Hotel Amman will incude a 17-storey tower offering 260 units and four restaurants and cafes, in addition to a swimming pool, fitness centre and spa, conference rooms, business centre and shops.

Khaldoun Tabari, CEO of Drake & Scull International, said: "Winning this contract is a major step forward towards strengthening our presence in Jordan where the King Hussein Medical City was one of our key breakthroughs.

"We are keen to maintain the highest levels of quality, sustainability and safety while delivering an integrated and comprehensive engineering offering to address the current and future needs of the growing hospitality industry in Jordan which has positioned itself as an attractive destination for investment and tourism."

Earlier this month, Drake & Scull International posted a 47 percent increase in net profit for the first quarter of 2013 compared to the same period last year.

The company reported net profit of AED63m on revenues of AED1.227bn which were 58 percent higher than Q1 2012, saying the company had streamlined its operations to cut costs.

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