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Sat 14 Jan 2006 04:00 AM

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Ukranian civils giant sets up shop in booming Dubai

Chernobyl confinement bidder in hunt for civil engineering work in the active UAE market.

Ukranian contractor, CAI, has set up shop in Dubai and is on the hunt for major civil engineering contracts throughout the region.

The company is the largest privately owned contractor in Ukraine and is currently bidding for the massive confinement contract at the infamous Chernobyl Power Station.

It is one of a growing band of international contractors targeting the UAE construction sector, which is currently suffering from a shortage of construction companies capable of handling major projects.

Mikhail Yurlov, director general of CAI Arabia, said: “The company is actively seeking partnerships in the region for major civil engineering and tunnelling works.”

He added: “In particular, CAI has a strong track record in construction of underground facilities, even in the regions of high seismicity and in watered ground formations.”

CAI is currently working on a 33 km drainage and communication tunnel in Ashgabad, the capital of Turkmenistan. The firm is also working on contracts in Libya and Guinea.

The US $167 million turnover firm employs around 10 000 people and operates a fleet of 2100 vehicles. And the contractor is in final stage negotiations on a huge confinement contract at Chernobyl with US-based partner CH2M Hill.

Several public and private sector clients have been forced to re-tender contracts in recent months because of a shortage of qualified contractors.

With a raft of major civil engineering schemes expected to start this year, an increasing number of overseas contractors are targeting opportunities in the UAE.

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