Drake and Scull International (DSI), specialising in contracting services for mechanical, electrical, and plumbing (MEP), as well as oil and gas, water and wastewater treatment projects, has entered into a strategic memorandum of understanding (MoU) with El Amar Group, a prominent player in real estate development and infrastructure projects, to explore and collaborate on key initiatives across Egypt and Saudi Arabia (KSA). 

 

This partnership aims to leverage the strengths and expertise of both organisations to deliver enhanced value and innovative solutions.

 

The MoU outlines a shared vision for joint exploration of opportunities in engineering, procurement and EPC projects, with a focus on contracting works (civil, MEP, and infrastructure), water treatment contracting, district cooling projects, and other mutually agreed initiatives. Both parties are committed to leveraging their combined expertise to identify opportunities, manage projects collaboratively, and implement innovative and sustainable solutions.

 

This partnership brings a multitude of benefits, including the joint exploration of large-scale projects in real estate

development, infrastructure, and EPC projects. By combining their expertise, the parties aim to achieve cost efficiencies, improve operational outcomes, and deliver high-quality projects. The collaboration provides access to broader resources and expertise, enhancing their competitive advantage in the market. Furthermore, the partnership reinforces both organisations' commitment to sustainability and innovation, positioning them as leaders in their respective fields, said a Drke and Scull statement.

 

Muin El Saleh, CEO of DSI, said: “This partnership marks a significant step forward for DSI. By aligning with El Amar Group, we are strategically positioned to drive greater value for our stakeholders and capitalize on emerging opportunities in the real estate and infrastructure sectors. We look forward to a fruitful collaboration that will redefine excellence and innovation in our industry.”

 

Eng Ahmed Mohamed Basha, CEO of El Amar for Construction and Infrastructure, stated: “We are excited to join hands with Drake and Scull International in this landmark partnership. This MoU reflects our shared vision for growth, innovation, and delivering exceptional outcomes. Together, we are confident in our ability to achieve transformative results and set new benchmarks in real estate development and EPC projects.”

 

The MoU further highlights the collaboration’s emphasis on exploring opportunities in Egypt and Saudi Arabia, fostering relationships with local authorities and businesses, and contributing resources, capital, and technical expertise to joint projects. - TradeArabia News Service