Drake & Scull International (DSI) has clinched the MEP contract for Reem Mall, a new 2.8 Million sq. ft. project under construction on Abu Dhabi’s Reem Island.
The Dubai-listed firm was awarded a AED 600mn ($163.4mn) contract to execute MEP works under an agreement with Itinera-Ghantoot, the joint venture that was appointed as the main contractor for the project.
Reem Mall will host around 450 stores, featuring 85 food and beverage outlets and various family-friendly entertainment attractions, including Snow Park Abu Dhabi by Majid Al Futtaim.
The project is being developed by Al Farwaniya Property Developments, a partnership between Agility, its affiliate United Projects for Aviation Services Company (UPAC), and the National Real Estate Company (NREC).
Drake & Scull also said it is achieving progress on its ongoing comprehensive restructuring efforts to stabilise the business.
The company aims to accelerate bidding and secure carefully selected projects, predominantly in the UAE, with several fully financed projects in various stages of active bidding.