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Kele Contracting celebrates successful 2010

CEO Elias: Kele gearing up to meet with high 2011 targets, building on AED 2.5 billion order book

Dubai, 26 December 2010

Kele Contracting LLC, a partnership founded in the UAE in 2005 between Kele International Holdings and ENSHAA, held its annual staff party on Thursday 16 December 2010, celebrating an eventful and successful 2010 and looking forward to an exciting 2011. The event was held at the Monarch Hotel in Dubai, and included a buffet dinner, cocktails and entertainment.
The regional construction industry has started picking up again after the slowdown caused by the global financial crisis, and analysts predict that recovery will begin in 2011, and regional companies are gearing up for increased activity in the New Year.

Kele CEO Andrew Elias, who was ranked 46th on the inaugural Construction Week ‘Power 100’ list of the most influential people working in the construction industry across the GCC earlier this year, said, “2010 has been an eventful year, both regionally and globally, and not only in the construction industry. For Kele 2010 was an excellent year, and after a year of very hard work it was wonderful to have a chance to relax with colleagues as we gear up to an even busier 2011, where we are on track to meet high targets.” With an order book of contracts worth more than AED 2.5 billion currently – including the main contract for the 80-storey D1 Tower in Culture Village and Hydra Towers in Dubai’s Business Bay, which the firm won last year – Kele Contracting is a strong competitor in today’s GCC building market.

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