Dubai – Mubasher: Drake & Scull International (DSI) on Sunday announced that its German subsidiary, Passavant Energy & Environment (PE&E), has been awarded an AED 110 million ($29.95 million) deal to rehabilitate a wastewater treatment plant (WWTP) in Moldova.
The new deal also entails undertaking works for new sludge treatment facilities in Chisinau, the capital city of Moldova.
“PE&E has entered into a consortium relationship with Ludwig Pfeiffer GmbH & co KG, an esteemed and privately-owned construction contractor in Europe, to deliver PE&E’s patented innovations and technologies to address the challenges posed by the complex rehabilitation works,” DSI said in a statement.
DSI further revealed that its German subsidiary will have 50% of the project’s total contract value.
Commenting on the new award, Passavant’s CEO Fares Khatib said that his company’s “acclaimed wastewater and sludge treatment technologies have improved the quality of core infrastructure in several cities, through the various WWTP installations we have successfully delivered globally.”
PE&E’s in-depth knowledge of German engineering, procurement, and contracting (EPC) solutions spans the complete lifecycle of WWTP, from holistic design and build, to post operations and maintenance, he added.
The Chisinau project win marks DSI’s second contract award in 2018, an upswing in DSI’s operational recovery, the company noted, noting that its subsidiary, PE&E, was well-positioned to make use of the water and wastewater treatment solutions growth opportunities across its key markets in 2018.
Established in 1842 in Germany, the DSI subsidiary, PE&E, enjoys a strategic presence in various markets across Europe, Asia, and the MENA region, including North Africa, the UAE, Saudi Arabia, Iraq, Lebanon, Turkey, China, India, and Vietnam.
