• Wednesday , 21 August 2019

Eversendai Nets New Contracts Worth RM172.2 Million

Kuala Lumpur, 29 April 2014 – Eversendai Corporation Berhad (“Eversendai”), is a leading global organisation in undertaking turnkey contracts; delivering highly complex projects with innovative construction methodology for steel structures, power and petrochemical plants as well as composite and reinforced concrete building structures in the Asian and Middle Eastern regions.

Eversendai recently secured a string of contracts for structural steel projects worth an estimated RM172.2 million through our subsidiaries in the Middle East and India. Amongst the projects awarded, there were 2 contracts valued at over RM40 million and the first project is to construct a complex on Dana Island in Doha, Qatar. The scope of work undertaken by the Group includes connection design, supply, fabrication and erection of steel. The construction of this complex is scheduled to be completed by December 2014. Eversendai has also been awarded another sub-structure contract in Qatar 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.

The second large project involves the construction of a facility for the International Airport in Jeddah, Kingdom of Saudi Arabia. This 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.

We continue to strengthen our foothold in the Middle East by also securing 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 UAE’s growing popularity as a tourism hub.

Eversendai’s success story in the Middle East; a Malaysian organisation that has been able to adapt to the local cultures has greatly enhanced our 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’s 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.

Tan Sri AK Nathan, Executive Chairman and Group Managing Director of Eversendai 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 have a strong and established management who oversees the areas of planning, procurement and execution in a timely manner. This combined with our team of experienced managers, engineers and skilled work force has made us a leading and innovative global organisation. 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”.

In line with our tagline, ‘Towering – Powering – Energising – Innovating’, Eversendai is continuously looking at delving into new opportunities in inter-related industries whilst maintaining our commendable performance and track record.