Interserve wins £50m Middle East contracts
Interserve has won three contracts in the Middle East worth a combined total of £50 million through its Middle East associate companies.
The first contract, worth £37 million, is to build new exhibition halls at the Dubai World Trade Centre.
The project will provide around 100,000 sq m of covered exhibition space which includes public assembly areas, meeting rooms, food service facilities, offices, loading docks, control rooms, entrance halls and external works.
Interserve’s Dubai associate, Khansaheb Civil Engineering, undertook a redevelopment of the site in 2007.
Interserve’s associate Madina has won two contracts in Qatar valued at £13 million both in Ras Laffan Industrial City.
For Baker Hughes, Madina will undertake engineering, procurement, installation and commissioning works at its solvents blending plant.
The second project is for ORYX Gas To Liquids and entails structural and
pipework manufacturing for its plant converting natural gas to low-sulphur, environmentally-friendly diesel, naphtha and liquefied petroleum gas.
Interserve’s chief executive Adrian Ringrose said: “These projects underline both the strength of the relationships we have with our clients in the Middle East and the capabilities of our companies there which, time and again, are trusted to deliver critical facilities to demanding schedules.
“It takes a combination of local knowledge and operational excellence to succeed in the region - which is something we have been doing for more than 25 years.”