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The Evolution Of Drake & Scull
International PJSC (1881 ­ Present)
Our history began over 100 years ago with the
foundation of two companies ­ Drake & Gorham,
electrical engineers, and Arthur Scull & Son, sanitary
engineers. Both of these companies were founded by
Victorian-era entrepreneurs with inventive minds, a
talent for business, and remarkable drive and energy.
Although the two companies grew separately until
1964, they shared a remarkably similar outlook and
history, with considerable experience in working on
large, complex projects: both had been in existence
for more than 70 years, and both possessed a long
tradition of training apprentices to a very high
standard of craftsmanship. Thus, their merger not
only made strategic and economical sense, but was
cemented in the shared value of constantly striving to
be the best - through best practices, a commitment to
innovation, and working with the best talent.
Towards the end of the 1960s, the Middle East market
had begun to open up, and the newly merged Drake &
Scull Company started acquiring significant amounts
of work. Following an appointment by the Saudi
Arabian Ministry of Finance, Drake & Scull carried out
the electrical contract of the Intercontinental Hotel &
Conference Centre ­ a beautiful development
designed by a British architect following an
international competition.
Subsequently, Drake & Scull was established in Abu
Dhabi in 1966 and Dubai in 1976, leading to a number
of high-profile projects being completed in the region
that include King Hussein Medical City in Jordan, Gulf
Hotel in Bahrain in 1967, Al Bustan Hotel in Oman in
1985, Emirates Aviation Training Centre in Dubai in
1993, Baynunah Tower in Abu Dhabi and Dubai
Chamber of Commerce in 1994, the Dubai Police
Headquarters and Zayed University in 1996, and
Jumeirah Beach Hotel in Dubai in 1997. All these
projects have since become timeless and iconic
symbols of grandeur and magnificence, of which we
believe our company's original founders from over a
century ago - Bernard Drake, Marshall Gorham and
Arthur Scull - would have indeed been very proud.
With the population of the United Arab Emirates
expanding at an average rate of 4.6 percent per
annum since 2000, a growing need for infrastructure
projects of all kinds has emerged. The residents of
the United Arab Emirates are among the highest per
capita water users in the world, consuming an
average of 550 litres per day, as reported by the
Environment Agency - Abu Dhabi (EAD), compared to
350 liters per day in America and 200 litres per day in
Europe, as per the World Water Council.
Over USD 340 Billion in liquidity flowed into the
region in 2005 and 2006. This has fueled double-digit
economic growth (18% in 2005; 12% in 2006) and
raised per capita incomes. High liquidity meant low
borrowing/carrying costs for developers, which
fuelled the real estate industry and resulted in a
construction boom.
In 2006, recognising the potential for
infrastructure-related activities, our management
implemented a strategy to diversify the company's
activities vertically by venturing into Infrastructure,
Water & Power (IWP) solutions, with a specific focus
on the design & build of district cooling, water and
wastewater treatment plants, and power generation
and distribution. By 2007, IWP was working in Dubai
on the two largest district cooling schemes in the
world at the time, the 60,000 TR Jumeirah Beach
Residence District Cooling Scheme and the 50,000
TR Dubai Festival City District Cooling Scheme.
COMPANY OVERVIEW
COMPANY OVERVIEW
We encourage innovation to cultivate originality and pursue new
ideas and technologies, while introducing the right processes and
models to put them to work safely, quickly and efficiently, in order to
continuously improve the standards and the diversity of our
services for the common benefit of all stakeholders.
We recognise that our people are the heart of our organisation. We
strive to provide an environment that attracts, motivates, and
develops individuals, and while encouraging cooperative efforts at
every level and across all activities in the company. We create and
implement a succession/ career progression planning program that
clearly articulates corporate expectations while charting a course for
employee development.
We believe that great success requires heart and dedication. We
embrace and foster passion in every aspect of our business from
innovation and learning, to management and customer satisfaction,
to employee and skills development.
INNOVATION
PEOPLE
PASSION
Drake & Scull
ANNUAL REPORT 2009
Drake & Scull
ANNUAL REPORT 2009
Drake & Scull
ANNUAL REPORT 2009
Drake & Scull
ANNUAL REPORT 2009
Our Values
End to End
Capabilities
Evolution of
DSI PJSC
16
17
19
Corporate
Strategy
20
Corporate
Governance
23
Competitive
Advantage
CSR &
Sustainability
22
Human
Resources
25 26
Our Values
End to End
Capabilities
Evolution of
DSI PJSC
16
17
19
Corporate
Strategy
20
Corporate
Governance
23
Competitive
Advantage
CSR &
Sustainability
22
Human
Resources
25 26
17