Drake & Scull announces new $48mn deal

Orion Real Estate Development has awarded an AED 175mn ($47.6mn) contract to Drake & Scull general contracting subsidiary, Gulf Technical Construction Company.

Orion Real Estate Development has awarded an AED 175mn ($47.6mn) contract to Drake & Scull general contracting subsidiary, Gulf Technical Construction Company (GTCC).

The company will build Orion’s latest project, the West Bay residential tower, located at Business Bay.

The scope of work includes construction, civil engineering, and mechanical, electrical and plumbing (MEP) works scheduled for completion within 33 months.

The West Bay residential tower is being developed as a commercial, residential and business cluster spanning a 5.9mn sqm area from Ras Al Khor to Sheikh Zayed Road.

Once completed, the 34-storey tower will feature 252 residential apartments.

Mohammad Atatreh, board member of Drake & Scull International, said: “We are pleased to pick up momentum in our project awards in the UAE market and we are currently accelerating our bidding activities to secure additional work primarily in the MEP sector.”

Other projects currently executed by GTCC include The Pointe project, a new retail and entertainment complex at the Palm Jumeirah, in addition to Maliha Hospital and Al Reef Residences Tower.