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 $ 5.69 billion for the year ending 2008 and it employs a workforce of more than 60,000 people. Ascon has at present jobs in excess of AED 3.0 billion with over 9,500 employees of whom 980 are professionals in such disciplines as Engineers, Surveyors, Planners, Project Managers, Construction Managers, Cost Control Engineers, Finance and Accounts, 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 and sub-stations. ASCON is accredited with ISO 9001:2008 certified by LRQA, 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 services.
Ascon’s affiliate ETA Mechanical Engineering, set up in 1976, is an ISO 9001:2008 certified leader in steel fabrication which has completed several mega projects in the region while another ISO 9001 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 cut and bend reinforcement steel since Aug 2004 and today the production capacity is over 120MT/day of cut and bend steel upto 32mm diameter.
Another affiliate which became a runaway success since its launch in 1994 is the ASCON Marble and Granite Division an ISO 9001:2008 certified , 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. And also the Dubai International Airport Expansion Phase-II, Terminal-III External Finishes for AED35million.The company is currently executing stone works of value about AED220million for one of the world's largest shopping mall, The Dubai Mall Project for EMAAR.
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. The company is currently carrying out Two Major RTA Roads and Bridges works, in addition, to major infrastructures and roads projects for both M/s Nakheel and M/s Dubai Properties. M/s ASCON Roads has successfully completed all elevated bridges and on grade structures for the Dubai Metro Project red line.
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 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.