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Eversendai procures steel projects worth RM172.2 million

| 30/04/2014 | 0 Comments
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KUCHING: Construction firm Eversendai Corporation Bhd (Eversendai) has been awarded a string of contracts for structural steel projects estimated to be worth RM172.2 million.

The company in a filing to Bursa Malaysia yesterday said the contracts were secured through its subsidiaries in the Middle East and India.

Eversendai said amongst the contracts awarded were two contracts valued at more than RM40 million and the first project is to construct a complex on Dana Island in Doha, Qatar.

The company added the scope of the work to be undertaken by the group includes connection design, supply, fabrication and erection of steel. Construction of the complex is scheduled to be completed by December 2014.

Additionally, Eversendai has also been awarded another sub-structure contract in Qatar.

The project is for connection design, supply, fabrication and erection of a structure that is part of a project that will provide vital connection into Doha’s fast growing Lusail City Development area.

Eversendai noted that the second large project involves the construction of a facility for the International Airport in Jeddah, Kingdom of Saudi Arabia.

The 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.

In a statement, Eversendai’s executive chairman and group managing director Tan Sri AK Nathan said: “With increased job opportunities, we are happy to have secured these contracts which prove that Eversendai remains a strong player in the industry.

“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,” he said.

In the meantime, the company said it will continue to strengthen its foothold in the Middle East with the potential to secure 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 United Arab Emirates’ growing popularity as a tourism hub, it said.

The company noted that its success story in the Middle East has been its ability to adapt to the local cultures which has greatly enhanced its reputation as 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.

“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.

“India has the potential to become one of Eversendai fs growing markets in the coming years and the launch of our fifth fabrication facility in Trichy would help boost our productivity in the Asian region.”

Category: Business, Sarawak

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