Emirates Building Systems (EBS) – a subsidiary of Dubai Investments PJSC and a regional pioneer in the design, fabrication and construction of steel structures, is targeting a 10% year-on-year growth over the next five years amidst strong demand in the region fuelled by the ongoing construction boom.
The company, which achieved a growth of 10% in 2013 compared to 2012, also announced plans for major expansion in Saudi Arabia, given the escalating demand for steel structures for infrastructure projects, commercial and residential buildings as well as the oil and gas sector in the country.
The expansion plans comes close on the heels of EBS winning strategic projects in the Kingdom, which includes a project for Riyadh Public Transport, as also structures for three petrochemical projects undertaken by Samsung Engineering for Saudi Aramco. The company also announced a strong pipeline of projects in Saudi Arabia, which are expected to be announced soon.