Emirates Building Systems bags Riyadh Metro deal

 | May 01, 2016

undefinedEmirates Building Systems (EBS) has been awarded a contract to provide steel structures for the second phase of the Riyadh Metro Project.

The company did not give a value of the new contract, but did say that it is now working across $13.9mn worth of projects in Saudi Arabia and Oman.

EBS also recently won a contract for Petrofac in the Khazzan gas project in Oman.

With the new projects, the company said is expecting a strong performance this year, to build on its 2015 sales revenue of more than $54mn.

Samir Akra, General Manager of EBS, said: “The rampant construction - be it the infrastructure projects such as the public transport system in KSA or the oil and gas sector in Oman and Kuwait - is leading to pent-up demand for steel structures.

“EBS is well-positioned to cater to this increase in market demand.”

EBS is also bidding for a number of other projects including the football stadium contracts for the FIFA 2022 Qatar, petrochemical projects in Saudi Arabia and Oman, as well as commercial and industrial developments in Kuwait.

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