14 Oct 2009 07:00
14th October 2009
INTERSERVE WINS 40m DUBAI DUCAB CONTRACT
Interserve, the services, maintenance and building group, has won a 40 million contract to create an industrial development in Jebel Ali through its Dubai associate company Khansaheb Civil Engineering. The project involves the construction of an extensive factory complex for the Ducab HV joint venture comprising DUCAB (Dubai Cable Company), DEWA (Dubai Electricity and Water Authority) and ADWEA (Abu Dhabi Electricity and Water Authority).
Work will commence in November and will continue for approximately 12 months. The complex is focused on the manufacture of electric cables for use both in the local market and for export. The facilities will consist of factory buildings, offices, an extra-high-voltage test laboratory, utility buildings, associated infrastructure and two cable-manufacturing towers. These will be approximately 45m high and 150m high respectively and the taller will also have a 6m-deep basement.
"This is a substantial contract for a facility that will play a crucial role in our client's operations," said Adrian Ringrose, Interserve's Chief Executive, "and it indicates a continued commitment to commercial growth in the region."
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For further information please contact:
Giles ScottHead of Corporate Communications 0118 960 2307Elizabeth Morley / Tom RobertsMaitland 020 7379 5151Notes to editors
Interserve's share of Khansaheb Civil Engineering is 45 per cent.
About Interserve
Interserve's vision is to be the Trusted Partner of all our stakeholders. We are a services, maintenance and building group operating in the public and private sectors in the UK and internationally. We offer advice, design, construction and facilities management services for society's infrastructure and provide a range of plant and equipment in specialist fields. Interserve is based in the UK and is a FTSE 250 company. It has revenue of 1.8 billion and a workforce of 50,000 people worldwide. Website: www.interserve.com.
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