22 October 2019

Table of Contents for Ticker Tapes





Ticker Tape- International

IRAQ TO BUILD WORLD’S TALLEST TOWER

 

Authorities in Iraq have unveiled plans to construct the world’s tallest building. The Bride Tower, all of 1,152 metres, aims to eclipse Dubai's Burj Khalifa, currently the tallest manmade structure in the world, and the under-construction 1km Kingdom Tower in Jeddah. The mega tall structure to come up in the southern province of Basra has been proposed by AMBS Architects and will comprise 230 storeys topped by a 188-metre tall antenna. The building will have four conjoined towers. The structure will be covered by a glazed canopy or ‘veil’ on its south facade which will provide shade to the building's low-rise buildings and public areas. Not only will the structure – embedded with offices, hotels, residential areas commercial centres and parks – be the world’s tallest, but will break ground in engineering and vertical transportation.

 

 

SOHAR COKE PROJECT FOR L&T

 

Oman's Oil Refineries and Petroleum Industrial Company has awarded a $63.58 million engineering, procurement, and construction contract for a pet coke handling and storage project to India’s Larsen & Toubro. The Indian contractor scooped the project whose scope includes design, engineering, procurement, supply, construction erection, installation, and commissioning of the Sohar project. It is reported the firm is actively involved with projects in the Middle East through similar contractual agreements.

 

 

 

HOUSING LIFT FOR QATARI LABOUR

 

Qatari authorities have signed a contract to build a mega accommodation project to house 180,000 migrant workers in seven "cities". The project will be accomplished through the public-private partnership route. The proposed sites expected to be operational within two years will be in addition to the 70,000 capacity Labour City which opened earlier this year. The first of the centres located at Umm Slal near Doha  will house about 24,000 workers. These will contain cafeterias, television rooms, gyms, mosques and other religious centres.

 

 

 

SIEMENS CONSORTIUM BAGS EGYPT CONTRACT

 

A consortium comprising Siemens and El Sewedy Electric T&D has signed a contract with Egyptian Electricity Transmission Company for the construction of six state-of-the-art substations in the North African country. The 500/220kV substations will transmit power generated by the new Siemens-built power plants in Beni Suef and Burullus into Egypt’s power grid. The contract will see Siemens design, engineer, supply, install and commission the new substations. All civil and electro mechanical work for the projects will be completed by El-Sewedy.

 

 

 

$3.6 BN RAIL CONTRACT FOR BOMBARDIER- ALSTOM

 

A Bombardier Transportation-Alstom consortium has bagged a $3.6 billion contract for the supply 1,362 M7 double-deck coaches from the Belgian National Railways. The deal includes a firm order for the design and manufacture of 445 cars with deliveries slated for 2018-2021. There are also options for 917additional rail cars. It is reported Bombardier will manufacture 65 steering cars and 290 trailer cars at its plant in Bruges. Meanwhile Alstom will supply the remaining 90 cars from its Valenciennes site in France with the support of its electrical and signalling centre in Charleroi, Belgium.

 

 

 

CRC BAGS $1.5 BN MALI RAIL PROJECT

 

Authorities in the West African nation of Mali have signed an agreement with China Railway Construction Corp to renovate a rail line linking the country’s capital Bamako to the border with neighbouring Senegal. The $1.486 billion project is intended to upgrade the ageing, 1,200-km railway between Senegal's coastal capital Dakar and landlocked Mali. The work on the Malian section of the project will include upgrading 644 km of rail lines and renovating 22 railway stations. The project is expected to be completed in four years.

 

 

 

ABU DHABI ALLOTS $4.76BN FOR GOVT PROJECTS

 

Authorities in Abu Dhabi have approved the allocation of $4.76 billion for government capital projects in 2016. The spending for infrastructure, education, governmental facilities, and social facilities is in line with the fulfillment of the objectives and goals set in the Abu Dhabi Vision 2030.The project is divided into three contracts including infrastructure work, roads and trails networks, in addition to 2,755 of residential land plots, 37 mosques, 47 gardens and 13 schools for all education stages..

 

 

 

MASDAR SIGNS UP FOR MAURITANIA SOLAR

 

Renewable energy firm Masdar has signed a contract with Mauritania’s Ministry of Petroleum, Energy, and Mines, to deliver seven solar photovoltaic projects. Having a total capacity of 12 megawatts the projects taken up by the Abu Dhabi headquartered firm will provide access to clean and reliable energy to seven towns across the African country. The projects, slated for completion by the first quarter of 2016, will displace 6 million litres of diesel fuel annually and 16,134 tons of CO2 each year. It is reported each power plants will meet 30 percent of each town’s electricity demand on an average.

 




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