Thursday 1 May 2014

Eversendai wins new contracts in the Middle East and India

By Sharen Kaur

   Eversendai Corp Bhd recently secured a string of contracts for structural steel projects worth an estimated RM172.2 million through its subsidiaries in the Middle East and India, increasing its order book to RM1.3 billion.
  Among the projects awarded, there were 2 contracts valued at over RM40 million and the first project is to construct a complex on Dana Island in Doha, Qatar.  
  The scope of work undertaken by the Group includes connection design, supply, fabrication and erection of steel.
  The construction of this complex is scheduled to be completed by December 2014.
  The second large project involves the construction of a facility for the International Airport in Jeddah, Kingdom of Saudi Arabia.  This brand new state-of-the-art facility will handle the carriers’ existing and new aircraft engines and is expected to be completed by January 2015.  
  "We continue to strengthen our foothold in the Middle East by also securing the contract for an entertainment centre as well as another unique architectural landmark in Dubai; a window frame-like structure which is intended to highlight the old and new sides of the city. Both projects in Dubai will complement and contribute to the UAE’s growing popularity as a tourism hub," said Eversendai founder, Tan Sri AK Nathan.
  Eversendai’s success story in the Middle East has been the ability to adapt to the local cultures which has greatly enhanced the group's reputation and to be a well sought-after organisation.
  "We can rely on our enviable reputation to bid for upcoming projects in line with the Dubai World Expo 2020 and simultaneously strengthen our position as a global player in the booming construction market in
the region," Nathan said.  
  He said, having already built many iconic structures, the Group can take great pride in securing the contract for yet another landmark project, a grand mosque located in Al Ain, Abu Dhabi.
  Eversendai will be carrying out the design, supply, fabrication and erection of steel for this project which is expected to be completed by February 2015.
  "With our vision to continuously move to new frontiers, the Group is pleased to have been awarded a contract for the design, fabrication and erection of steel for a sky bridge in Kolkata, India," Nathan said.
  He said India has the potential to become one of Eversendai’s growing markets in the coming years and the launch of its fifth fabrication facility in Trichy would help boost its productivity in the Asian region.
  "With increased job opportunities, we are happy to have secured these contracts which prove that Eversendai remains a strong player in the industry. We have a strong and established management who oversees the areas of planning, procurement and execution in a timely manner.
  "This combined with our team of experienced managers, engineers and skilled work force has made us a leading and innovative global organisation. We remain committed to our core values of compliance to safety, conformance to quality, adherence to schedule and ensuring consistent client satisfaction as we look forward to a fruitful year in 2014.
  "In line with our tagline, ‘Towering – Powering – Energising – Innovating’, Eversendai is continuously looking at delving into new opportunities in inter-related industries whilst maintaining our commendable performance and track record," Nathan said.

ENDS

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