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Contract win in UAE

Contract win in UAE.

articleDiales Group PlcJanuary 12, 20064/company/diales-plc/news/contract-win-in-uae
Contract win in UAE

About this update from Diales Group Plc

[{"type":"text","content":"\n Driver Group plc\n12 January 2006 \n\n\n DRIVER GROUP PLC\n ('Driver Group')\n\n MAJOR CONTRACT AGREEMENT IN ABU DHABI\n\n\nDriver Group, which provides specialist commercial, project planning and dispute\nresolution services to the construction industry, announces that it has\nconcluded a significant agreement in Abu Dhabi with an international Engineering\nConsultancy. Under the terms of the agreement, Driver Group will be providing\ncommercial and project planning services in connection with a US$14.7bn property\ndevelopment in Abu Dhabi. The contract is for an initial three years and will\nsupport a minimum of six consultants, potentially increasing to 15 consultants\nover the term of the agreement. With the minimum resource level of six\nconsultants, this project should make a significant contribution to securing\nDriver Group's forecast profit for its operations in the United Arab Emirates\nfor the financial year to 30 September 2006.\n\nThe mixed use property development includes signature commercial buildings,\nretail, leisure, health and community facilities. At this stage, Driver Group is\nunable to name the project or client as the agreement contains express\nprovisions for confidentiality.\n\nSteve Driver, Chief Executive Officer of Driver Group, commented,\n\n'I am delighted to announce this contract. It is a substantial win for Driver\nGroup and represents a material step forward for our business in the United Arab\nEmirates. We opened an office in the region last year and have surpassed our own\nexpectations in the progress we have made in establishing ourselves in this\nmarketplace. This significant agreement reflects the high quality reputation we\nhave established in the UK where our clients include six out of the ten largest\nUK contractors.'\n\nEnquiries:\n\nDriver Group plc Steve Driver, CEO T: 01706 244 172\n\nWH Ireland David Youngman T: 0161 832 2174\n\nBiddicks Katie Tzouliadis T: 020 7448 1000\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2313,"tagName":"div"}]

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