19 November 2019

 

 

DUBAI MARITIME CITY PROJECT BY OMNIYAT

 

The Omniyat Group has broken ground on its new seafront residential development in Dubai Maritime City. This is part of its plan to offer 225 units, incorporating 29 studios, 80 one-bedroom, 87 two-bedroom and 23 three-bedroom apartments, 1 penthouse and 5 townhouses. There will also be a $163 million, 48-storey tower with 8,133 sq ft of retail area, landscaped gardens, gymnasium, pools and play area. Dubai Maritime City will include 53 mixed-use projects, hotels, shopping malls, restaurants and 10 parks.

 

 

 

`351 CR AFRICA ORDER FOR THERMAX

 

Thermax Limited has bagged a `351 crore order to design manufacture and commission a captive power plant in Africa. The power plant is for a cement plants which order it has won against intense global competition. It is reported the captive power plant will employ the latest generation of Atmospheric Fluidised Bed Combustion boilers and high pressure steam cycle for optimal performance. It will be commissioned in 15-16 months. 

 

 

 

$108MN FUJAIRAH PROJECTS STARTED

 

The Fujairah Business Centre Project to be constructed at a cost of $108 million has been taken up by Al Taif Investment, a joint venture between Dubai Investment and Fujairah Investment Establishment, the investment arm of Fujairah Government. The company is building two towers spread across a total built-up area of 80,058 square metres. This includes a 19-level office tower and 19-level Courtyard by Marriott hotel with 228 rooms and apartment units. It is reported the tower will contain a shopping mall, retail area spread across 15,616 square metres,  parking space for over 800 vehicles. The project will be completed within
three years.

 

 

 

$1.3 BN LUXE PROJECTS FOR MORROCO

 

A deal signed between Riyadh-based Knowledge Corner Marketing and Business Services and the Moroccan city of Taroudant will see a consortium of Saudi and US private firms investing up developments will include a theme park featuring a tourist resort and golf course designed to attract 2 million visitors a year, as well as a concrete project that would be used to build low-cost, environmentally-friendly houses, schools, hotels and other facilities. The projects will also contain more than 5000 two-bedroom homes and a 200,000 sq m medical spa.

 

 

 

TAMPA AIRPORT EXPANSION

 

A three-year expansion project costing an estimated $1billion has just taken off at the Tampa International Airport in the United States.  The scope of work includes renovation of the main terminal, parking facilities. The expansion is expected to create close to 9,000 construction-related jobs and will also lead to more than 1,000 new permanent jobs. The project is scheduled to be completed in 2017.

 

 

 

B’DESH-CHINA IN RAIL MOU

 

Rail authorities in Bangladesh have signed a memorandum of understanding with the China Railway Group for the construction of a new rail line. The Chinese company will build a 100 km-long line on the Dohazari-Cox's Bazar route in the south-east of the country. It is reported the rail route, the feasibility studies and detailed design of which has been funded by the Asian Development Bank, will play an important role in communicating directly with China and Myanmar and to link with the Trans-Asian Railway.

 

 

 

POLAND ROAD WORKS FOR SALINI

 

Salini Impregilo has won a ?135 million contract to design and build a 14.4km section of the S3 Expressway in western Poland. It is reported the contract has strengthened its presence in Poland’s infrastructure sector, where the group is building several road projects. This is the fourth project won by the group in Poland this year, collectively amounting ?574 million in works. The company will work on the S3 project, located near the city of Wroclaw, with local partner Pribex.

 

 

WORK STARTS ON BAHRAIN LOGISTICS HUB

 

A $30 million dry bulk logistics hub project has just got off the ground in Bahrain. It is reported the 30,000m² project, a joint venture between Schmidt Middle East Logistics and nogaholding, is coming up in the Bahrain Logistics Zone at Hidd and will be developed in three phases. The facility will store, handle and distribute different bulk materials like polyethylene, polypropylene, catalysts and additives for the chemical and petrochemical industry.  It is learnt that the Bahrain’s Economic Development Board  and the Kingdom’s Transportation Ministry are the agencies that are aiding Schmidt to fully set up its operations.

 

 

 

$133BN PROJECTS FOR MADINAH

 

Authorities in Saudi Arabia have planned projects worth over $133 billion for the holy city of Madinah. These include the Haramain high speed rail project at a cost of $2.8 billion, the Dar Al Hijra housing and services project worth $14.6 billion, $18.6 billion expansion project of the Prophet Mosque, the Madinah part of the, $6.6 billion knowledge city, the $1.6 billion expansion of Prince Mohammed bin Abdul Aziz Airport and the construction of a sport stadium with a seating capacity of 45,000 people at an estimated cost of $400 million. The other projects in the list are the metro and the bus transport system.

 




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