Arabtec unit in $239m deal for Abu Dhabi airport work

A subsidiary of Dubai’s Arabtec Holding was part of a joint venture which won a $239m contract at the Abu Dhabi airport extension. (File photo: Reuters)

A joint venture including a subsidiary of Dubai’s Arabtec Holding has won a 878 million dirham ($239m) contract for mechanical, electrical, and plumbing work at the Abu Dhabi airport extension, Arabtec said on Monday.

Arabtec said in a bourse statement the joint venture had been set up by its unit, Emirates Falcon Electromechanical Company (EFECO), together with BK Gulf and China State Construction.

“EFECO will play a full role in delivering the complex mechanical scope of the project,” it said.

The work will be carried out at new midfield terminal building of the Abu Dhabi International Airport.

Meanwhile, the German subsidiary of Dubai-based contractor Drake and Scull has won contracts relating to three water and wastewater treatment plant projects in Europe with a combined value of 166m dirhams ($45.2m), the firm said.

The subsidiary, Passavant-Roediger GmbH, will upgrade facilities in Romania and Bosnia and Herzegovina and build a plant in Turkey, Drake and Scull said in a bourse statement on Monday.

Last Update: Wednesday, 20 May 2020 KSA 09:42 - GMT 06:42