TSME Signs AED 1.1 Billion Waste Management Concession Contract

6 February 2009

TSME has signed a 15 year concession agreement with the Centre for Waste Management Abu Dhabi for the management of construction and demolition debris for the Emirate of Abu Dhabi.

Formed in 2008, TSME LLC has been specifically established to provide waste management, utilities management, contaminated site remediation and facilities management services in the United Arab Emirates and broader Gulf region.

This project, the first major project for the entity, involves the design and construction of a recycling facility to manage construction and demolition waste in the Emirate of Abu Dhabi.

Executive General Manager of Thiess Services Mr Michael Wright, and Managing Director of the Al Habtoor Leighton Group, Mr David Savage, said they were delighted to secure the project and congratulated the Centre for Waste Management on implementing a best practice sustainable solution for the Abu Dhabi construction sector.

"It is a credit to our client to have the vision and determination to beneficially recycle construction waste, which would otherwise have gone to landfill. The result will be to reduce the demand on virgin resources brought in from other locations in the UAE," Mr Wright said.

"Abu Dhabi is taking its carbon footprint reduction strategy very seriously indeed with projects such as this and we look forward to enhancing environmental management within the Emirate by providing the construction market with high quality recycled products, Mr Savage said."

Construction of the new plant is expected to commence immediately on contract execution and be completed within 12 months.

TSME LLC is a joint venture company between Thiess Services Pty Ltd (a subsidiary of Thiess Pty Ltd) and Al Habtoor Engineering Enterprises (a subsidiary of the Al Habtoor Leighton Group).

For more details contact:
Chris White
Executive Manager, Strategy & Development
+61 7 3169 8306
+61 0437 435 357
cawhite @ thiess-services . com . au