Associated Construction & Investments Company LLC (ASCON), the civil arm of the successful ETA-ASCON Group, was incorporated in 1973 to undertake civil engineering projects in Dubai. The ETA-ASCON Group has over the last three decades expanded and diversified into a wide array of activities apart from developing a nationwide presence in the entire UAE and other parts of the world.
Today, the group turnover is in excess of US $6.0 billion for the year ending 2007 and it employs a workforce of more than 60,000 people. Ascon has at present jobs in excess of AED 6.0 billion with over 15000 employees of whom 1550 are professionals in such disciplines as Engineers, Surveyors, Planners, Project Managers, Construction Managers and Cost Control Engineers, who have considerable experience of working in the following countries Viz... South Africa, England, U.A.E, Philipines, India and other Asian countries. The company has successfully undertaken several key core construction projects significantly contributing to the infrastructure development in the region.
The projects that have been undertaken thus far amply exhibit the company’s versatility. Such projects include hotels, commercial and residential buildings, Luxury villas, shopping malls, educational and sports facilities to petrochemical plants, flour and sugar mills, airport assignments, multi-storey parking structures, educational institutions and sub-stations. ASCON is accredited with ISO 9001 certified by LRQI, for its quality management system.
The company’s run of versatility doesn’t end with different type of construction projects alone. Today, ASCON through it’s affiliate companies has a wide range of business interests. It covers engineering and construction, manufacturing and assembling, maintenance and service and real estate development.
Ascon’s affiliate ETA Mechanical Engineering, set up in 1976, is an ISO 9002 certified leader in steel fabrication which has completed several mega projects in the region while another ISO 9002 certified affiliate ETA Profiles fabricates supplies and erects aluminum and steel profiles for roof and wall claddings. This division has also commenced the production of over 100MT/ day of cut and bend reinforcement steel up to 32mm diameter. Another affiliate which became a runaway success since its launch in 1994 is the ASCON Marble and Granite Division which has not only established itself as a reliable source of these stones in the region but also caters to the entire gamut of industry needs such a cutting, grinding, polishing and finishing, all under one roof.
Complimenting to its success this division has completed the most prestigious conference palace hotel stone package in Abu Dhabi for AED 200 Million. A new division of the group called Ascon Road Construction was started in January 2000 and it has already undertaken several road and infrastructure works and service road projects in addition to asphalt car parks, footpaths and associated works. At present are carrying out traffic Diversion to Dubai Metro. Another affiliate, ASCON Leisure Division, commenced operations in 2001. It provides children’s play equipment, static and interactive equipment, floating jetties, pleasures moorings and marinas, spas, sauna and steam and sporting tracks and related equipment like tracks, courts, pools lockers etc.
The booming real estate sector in the UAE could not be left unnoticed and the now burgeoning empire soon set up ETA Star Property Developers in 2004. This division primarily develops and markets its own residential and commercial projects including its maiden venture called the ‘Belvedere’ in the Dubai Marina and other developments in Jumeirah lake towers and DIFC.
It also provides a host of services in the market. Theses services include development consultancy, feasibility studies, leasing and property trading. In 1994 the company set up it foothold in Bangalore and later Chennai. Through ETA Construction India Private Limited, an enterprise which has already completed several important projects in India and also participates in Real Estate Development in Bangalore and Chennai.
The conglomerate has also embarked upon construction projects in Sri Lanka through Ascon Construction Private Limited, Colombo. This company set up in 1988 is already working with the Board of Investment of Sri Lanka to develop a 3 acre plot with shops and apartments. Although the entire conglomerate has been successfully achieving the goals that it has set for itself, it does not believe in resting on its laurels. In an attempt to build a brighter future for its stakeholders, the group continues to find ways and means of enhancing its performance.