Descon
conglomerate | |
| Founded | December 15, 1977 |
|---|---|
| Founder | Abdul Razak Dawood |
| Headquarters | Lahore, Pakistan |
Area served | Worldwide |
Key people |
|
| Revenue |  Descon Engineering Limited |
| Website | descon.com |
Descon Engineering (Descon) (
This company was first established in 1977, now it has been grown into a diversified group. Today, the company operates as a group in a range of sectors, including engineering, power, and chemicals. The company was founded on 15th of December, 1977. It operates in the
History
The company was founded by
The company got its first contract when
In 1982, they tried to expand to regional markets, where they helped a Saudi company and afterwards got a small project in Abu Dhabi. By 2018, this company was generating 60% of its income from overseas markets which helped the company grow to be a billion-dollar company.[2][3]
In 2018, Descon expanded its footprint into South Africa by acquiring 26% of Plant Design and Project Services (PDPS), an engineering firm there.[3][1][4]
See also
References
- ^ a b "Descon kicks off 40th anniversary celebrations". The News International (newspaper). 15 November 2017. Retrieved 11 December 2019.
- ^ a b c d e Shahram Haq (25 December 2017). "Descon plans to venture into South Africa market – The Express Tribune". Retrieved 11 December 2019.
- ^ a b Nasir Jamal (8 January 2018). "Descon head wants a level playing field under CPEC (China-Pakistan Economic Corridor)". Dawn (newspaper). Retrieved 11 December 2019.
- ^ Descon:Press Release:August 21,2018:Descon expands acquiring consulting operations in South Africa
External links
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