Arabtec
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| Type | Limited Liability Company |
|---|---|
| Industry | Construction |
| Founder(s) | Riad Kamal |
| Headquarters | Al Quoz, Dubai, United Arab Emirates |
| Key people | Riad Kamal (Chairman), Thomas P. Barry (CEO) |
| Services | Residential Developments, Commercial developments, Hotels, Infrastructure, High Rise, On- and Offshore Oil and Gas and Industrial Projects |
| Employees | 42,000 |
| Website | www.arabtecuae.com Arabtec Construction |
Arabtec Construction LLC, located in the United Arab Emirates, is a large construction group.
Contents |
[edit] Overview
Arabtec Construction is a multinational construction company that is headquartered in Dubai, United Arab Emirates, where it is one of the leading companies in its sector. Arabtec Construction was established in Dubai in 1975 and has completed a broad portfolio of iconic projects in different construction sectors such as High Rise Developments, Hotels and Hotel Interiors, Office Blocks, Commercial Developments, Industrial Projects, Major Airport Developments, Stadiums, Infrastructure and Drainage works, Offshore Oil and Gas Installations and Residential Complexes.[1]
Growth in Dubai was followed by geographical diversification and local and international expansion. Arabtec Construction has associated companies based in Abu Dhabi, Jordan, Pakistan, Qatar, Russia, Saudi Arabia and Syria. Arabtec Construction operates under Arabtec Holding PJSC. The group now consists of 13 subsidiaries, each one providing end-to-end contracting services across the construction value chain.[2]
Arabtec Holding was the first privately held company as well as the first construction company to go public in the UAE. The company was listed on the Dubai Financial Market (DFM)[3] in 2005 and since the IPO the stock has been one of the most traded in the region. In 2010 Dubai Financial Market awarded Arabtec Holding as the most traded stock from year 2000 to 2010.[4]
[edit] Associated companies
Arabtec Holding PJSC, Dubai, UAE – Holding company – Management of subsidiaries[5]
Austrian Arabian Ready Mix, Dubai, UAE – Manufacture and transportation of ready mix concrete products[6]
House of Equipment Co. L.L.C, Dubai, UAE – Trading and leasing of construction equipment.[7]
Arabtec Construction Qatar L.L.C, Doha, Qatar – Civil construction and related works
Arabtec Precast L.L.C, Dubai, UAE – Manufacture of precast panels
Nasser Bin Khaled Factory Ready Mix Concrete Co. L.C.C, Doha, Qatar – Manufacture and transportation of ready mix concrete product
Emirates Falcon Electromechanical Co. (EFECO) L.L.C, Dubai, UAE – Electrical mechanical and plumbing contracts[8]
Arabtec Raheja Limited, Gurgaon, India - Residential complex construction works
Arabtec Engineering Services L.L.C, Dubai, UAE – Infrastructure construction works
Arabtec Construction Syria L.L.C, Syria – Civil construction and related works
Arabtec Pakistan Limited, Pakistan – Civil construction and related works
Target Engineering Construction Company, Abu Dhabi, UAE – Civil construction and related works[9]
Gulf Steel Industries FZC, Sharjah, UAE – Fabrication of steel sructures and profiles.[10]
Arabtec Saudi Arabia L.L.C, Saudi Arabia – Civil Construction and related works
Polypod Middle East L.L.C, Abu Dhabi, UAE – Manufacture of bathroom, kitchen and hot press pods[11]
[edit] History
Originally founded in 1975, Arabtec took advantage of the emerging markets in the UAE during the construction boom of the 1970s. Arabtec Construction started as a construction company specialized in high tech civil engineering and infrastructure works.
During the 1980s Arabtec began an involvement with the oil and gas sectors in Abu Dhabi. In 1995 Arabtec diversed into airport work which played a key role in the company’s expansion and its rise to become one of the top contractors in Dubai. In the 1990s Arabtec also expanded into the villa sector. The expansion into villas and housing led to the creation of a division called Arabtec Living, which marked a key milestone in the expansion and growth of the company. As early as in 1976 Arabtec made its first foray into high rise construction, which has become synonymous with Dubai and its skyline.
Today Arabtec has 42000 employees and is one of the leading construction companies in the Middle East.
[edit] Services
Arabtec Construction is involved in all stages of the life cycle of civil engineering and infrastructure works:
High Rise Development
Residential Development
Hotel and Hotel Interiors
Commercial Development
Airport Development
Commercial
Luxury Villas
Stadiums
Industrial Projects
[edit] Projects
Arabtec has built some of the most important buildings in the UAE, including Burj Khalifa, completed in January 2010 the tower is the tallest in the world standing 828 metres above ground.
Major projects
High Rise Developments e.g. Burj Khalifa, tallest structure in the world, Infinity Tower, the Okhta Tower, Karachi Financial Towers, Ocean Heights, 21st Century Tower
Hotels e.g. Emirates Palace Hotel, Aloft Hotel, Fairmont Hotel, The Address Downtown Dubai Hotel
Hotel Interiors e.g. Burj Al Arab, Jumeirah Beach Hotel and Ritz Carlton
Commercial e.g. Dubai Maritime City, Dubai International Financial Center Gate Village, Exhibition Centre for ADNEC
Oil and Gas e.g. Mubarraz Island, Gas Processing Plant
Major Airport Developments e.g. Dubai Airport and Dubai World Central International Airport
Stadiums e.g. Ghantoot Grandstand and Dubai Sports City Stadiums
Residential Complexes e.g. Emirates Hills, Arabian Ranches, Raheja Revanta (Gurgaon, India) and Jumeirah Beach Residences
Mixed Use Developments e.g. Al Waab City
Industrial and Marine Projects e.g. Abu Dhabi Ship Building Facility, Mubarraz Island oil processing plant
Educational Developments e.g. Princess Nora bint Abdul Rahman University, Saudi Arabia.
[edit] Expansion plans
Arabtec Construction has announced plans to expand into the emerging markets of the Middle East and North Africa (MENA region). Plans are set to enter Algeria, Angola, Azerbaijan, Egypt, Libya, and Turkmenistan.
Arabtec was in 2009 ranked as the 104th largest Global Contractor, based on the total firm contracting revenue, according to the Engineering News Record.[12]
[edit] JV with Raheja Developers
In 2011, Arabtec formed a joint-venture with Raheja Developers of India.[13] Raheja Developers awarded construction contracts worth US$204 million to the JV.[13] The company's first project is to construct a 56 storied, 196 meter high residential complex, known as Raheja Revanta, in Gurgaon.[13]
[edit] Certificates and awards
Certificates
ISO 9001:2008; Quality Management System (QMS)
OHSAS 18001:2007; Occupational Health & Safety Management System certified by Lloyds Accreditation Agency
ISO 14001:2004; Environmental Management System (EMS)
Dubai Municipality Certificate of Recognition
Company awards
Most Traded Stock from year 2000 to 2010, Dubai Financial Market, (2010)[4]
Construction Firm of the year, NASEBA Kingdom Expansion Congress, (2009)
Mohammed Bin Rashid Al Maktoum (MRM) Business Award 2008, Construction Category, (2008)[14]
UAE Top Contractor 2008, Construction World Gulf Awards, (2008)
Company of the Year, Arabian Business Awards, (2007)[15]
Best Contracting Company in UAE 2007, Al Mazaya Group, (2007)
Project awards
The Address, Downtown Dubai - New Hotel 2008 at the World Hotel Award, (2008)[16]
Infinity Towers - Six World Class Design Awards, Cayan Investment Development[17]
Sanctuary Falls, 96 Villas - Best Golf Development, CNBC, Arabian Property Award, (2007)[18]
Le Reve - Best Luxury Development in the world Gold Awards, Home Overseas Magazine Awards, UK, (2006)[19]
Le Reve - Best Use of Technology, Home Overseas Magazine Awards, UK, (2006)[19]
Emirates Hills - Gold Award, Home Overseas Magazine Awards, UK, (2005)[19]
[edit] References
- ^ Arabtec Construction: About Us
- ^ Arabtec Holding
- ^ DFM
- ^ a b DFM
- ^ Arabtec Holding
- ^ Austrian Arabian Ready Mix
- ^ House of Equipment
- ^ EFECO
- ^ Target Engineering Construction Company
- ^ Gulf Steel Industries
- ^ Polypod Middle East
- ^ http://www.cmcra.com/img/articoli/536/ENR-09-TIC.pdf
- ^ a b c Raheja forms JV with Dubai’s construction firm Arabtec
- ^ AME Info
- ^ Zawya
- ^ Press Release Emaar
- ^ Estates Dubai
- ^ AME info
- ^ a b c Dubai Luxuary Homes