"Dubai, UAE – 05 July 2017: Arabtec Holding PJSC (“Arabtec” or “Group”), a leading contractor for social and economic infrastructure, today announced that its wholly owned subsidiary, Target Engineering Construction Company (‘Target’) has been awarded four projects amounting to AED 289 million.
The scope of projects covers an array of specialisations of which include:
Target Engineering Chief Executive Officer, Mr. Chaouci Yassine said: “Target Engineering over the years has developed a strong experienced workforce, solid financial standing, and evolved into a key player within the region with core capabilities of delivering complex projects in the Industrial Oil & Gas, Social Infrastructure, Marine, and High Rise Tower market sectors. Such awards demonstrate the growth of Target’s expertise and performance in the global market over the past 4 decades. We continue to strive to uphold our market share in EPC and specialist projects.”
Group Chief Executive Officer, Mr. Hamish Tyrwhitt commented: “We are pleased to announce the continuous success and efforts within the Group. Target, together with the Group’s other operating entities, demonstrates our integrated capabilities but also our core strength giving us the ability to pursue a broad range of projects. We continue to focus on the UAE as our core market and are optimistic on the outlook of the sector.”
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