Arabtec wins AED 433Million Dubai Infrastructure Project

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Arabtec wins AED 433Million Dubai Infrastructure Project

Arabtec Holding PJSC, a leading contractor for social and economic infrastructure, today announced that its subsidiary, Arabtec Engineering Services (“AES”) has been awarded an infrastructure project from Dubai Municipality for the DS188 Jebel Ali Industrial Sewerage and Drainage System for AED 433 million. The project will commence in May 2018 for a duration of 30 months.

Eng. Amin Shahin, CEO of AES commented: “We are pleased and honored to continue working for the Dubai Municipality whom we are privileged to have worked for over the last twenty-one years”.

The project scope comprises of 65 km of sewer and 91 km of storm water network which will require 17 km of micro-tunneling works. The purpose of the project is to supply sewerage and storm water drainage services for Community 599 in the Jebel Ali Industrial Area.

Arabtec Engineering Services has previously completed and delivered 12 projects to Dubai Municipality with a combined value of AED 909 million over the last 9 years.

Group Chief Executive Officer Mr. Hamish Tyrwhitt commented: “We are pleased to have been awarded the DS188 sewerage and drainage project, which continues our long-standing relationship with Dubai Municipality. This project aligns with our strategic priority to pursue opportunities in the infrastructure sector providing sustainable growth for the Group.”

Source: www.arabtecholding.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.