Emirates Building Systems eyes 10% growth amidst strong demand, construction boom

Date: 15 July 2014
Source: www.dubaiinvestments.com

Date: 15 July 2014

Company targets major expansion in Saudi Arabia; signs strategic projects   Emirates Building Systems (EBS) – a subsidiary of Dubai Investments PJSC and a regional pioneer in the design, fabrication and construction of steel structures, is targeting a 10% year-on-year growth over the next five years amidst strong demand in the region fuelled by the ongoing construction boom.   The company, which achieved a growth of 10% in 2013 compared to 2012, also announced plans for major expansion in Saudi Arabia, given the escalating demand for steel structures for infrastructure projects, commercial and residential buildings as well as the oil and gas sector in the country. The expansion plans comes close on the heels of EBS winning strategic projects in the Kingdom, which includes a project for Riyadh Public Transport, as also structures for three petrochemical projects undertaken by Samsung Engineering for Saudi Aramco.

The company also announced a strong pipeline of projects in Saudi Arabia, which are expected to be announced soon.

 

Apart from Saudi Arabia, EBS is also enhancing its market presence and footprint across the other GCC countries, with its end-to-end steel building solutions for a number of FIFA 2022 stadium contracts in Qatar, petrochemical and commercial projects in Oman as well as residential and airport developments in the UAE.

 

Talking about the strong growth expected, Mr Samir Akra, General Manager of Emirates Building Systems, said: “The multi-billion dollar projects across the GCC is driving the demand for steel structures – be it for infrastructure or commercial projects. Buoyed by this, we expect to achieve strong growth over the next five years – given the wide spectrum of our product portfolio across various sectors.”

He added: “As the region’s premier manufacturer of steel structures, EBS is well-positioned to cater to this market demand and execute even the most challenging of steel building projects to world-class standards.”

 

Emirates Building Systems has achieved commendable milestones as pioneers in steel structure fabrication since its inception. Established in 1997, EBS holds a proven track record in providing end-to-end steel building solutions for several of the region’s prestigious steel structure landmarks. In addition to having the capability to fabricate almost any steel structure, the company can provide engineering design and detailing as well as erection services at the site.
600450 Emirates Building Systems eyes 10% growth amidst strong demand, construction boom glassonweb.com

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