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January 12, 2024 valueeng0

Construction group China Gezhouba Group Company (CGGC) has announced that it has broken ground on its key development in the Jahra Governorate of Kuwait, about 25 km west of the capital city. On completion, the South Saad Al Abdullah City Housing Project will cater to the housing needs of at least 150,000 people.

As per the terms of the contract, CGGC will conduct earthworks excavation and filling work as well build more than 150km of new roads and bridges. The scope of work also includes laying of 975km of pipelines.

The Kuwait News Agency (Kuna) reported earlier that the housing project was being built at a total investment of US $6.8bn, which will be phased over the coming state budgets according to the construction stages of the project.

The ground breaking ceremony was attended by senior Chinese and Kuwaiti officials, including Kuwaiti MP Fayez Al Jumhour and Rashid Al-Enezi, Acting General Manager of Kuwait’s Public Authority for Housing Welfare.

“We have always regarded Kuwait as an important strategic market for investment and construction, and are committed to becoming a positive force in building Kuwait. We will make efforts to build a comfortable living environment for local residents and make more contributions to deepening cooperation between China and Kuwait,” concluded He Baisen, Executive General Manager and Project Manager at CGGC.

The post CGGC begins construction of $6.8bn Kuwait housing project appeared first on Middle East Construction News.

Source: MEConstructionNews


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January 11, 2024 valueeng0

US $187mn in contracts have been signed by Rua Al Madinah Holding, as part of its efforts to enhance local content, support small and medium enterprises, and boost local manufacturing and human capabilities, and help create direct and indirect job opportunities.

The company is tasked with undertaking holistic development projects that use modern urban planning in projects such as Rua Al Madinah, which is enhancing the experience of residents and visitors of Madinah.

CEO Ahmad bin Wusul Al Juhani stressed the importance of the signed contracts in supporting the company’s projects, especially the Rua Al Madinah project, the largest in its portfolio. The project aims to provide 47,000 hotel rooms by 2030.

He said Rua Al Madinah was actively working on several ambitious projects. He explained, “The goal is to enrich the experience of the visiting pilgrims to Madinah and help achieve the targets of the pilgrimage, Umrah, and visitation sector, and Vision 2030 by facilitating the hosting of 30m pilgrims by 2030.”

According to a report, the first contract involves the completion of existing towers in the Dar Al Hijra project, with a built-up area exceeding 450,000sqm. The scope of development includes implementing facade work for the existing towers, their infrastructure, and overall site development to prepare them for investment.

The second contract was signed by Rua Al Madinah with a security expertise firm in the field of security planning, operation, and supervision. The deal is aimed at securing the company’s offices, properties, project boundaries, and ensuring the smooth execution of security plans by supervising security contractor teams. Additionally, the company will provide technical support by reviewing submitted security plans to ensure they meet security requirements, the report noted.

The third contract was sealed with Saudi telecom giant STC for the implementation of the Rua Smart Cities Strategy. Billed as a key initiative, the deal aims to enhance the smart destination experience for visitors to the Rua Al Madinah project and improve qualify of life within the company’s hotels and locations, using advanced digital technologies, IoT-supported by artificial intelligence, and enhancing data efficiency.

Rua Al Madinah Holding also signed a MoU with the Saudi Industrial Cities and Technology Areas Development Authority (Modon) to co-ordinate the construction of a prefabricated concrete building units factory. The agreement includes conducting feasibility studies and action plans for the targeted projects, supporting business development by attracting value-added partnerships, and providing support and advice in implementing projects that serve the goals of both parties.

The post Rua Al Madinah Holding signs contracts worth US $187mn appeared first on Middle East Construction News.

Source: MEConstructionNews


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January 11, 2024 valueeng0

Daimler Commercial Vehicles Mena (DCV Mena) has delivered the region’s first Mercedes-Benz eEconic collection truck to Beeah Group, following the signing of a Memorandum of Understanding (MoU) at the Beeah Headquarters in Sharjah.

The official handover of the eEconic was completed by Emirates Motor Company Commercial Vehicles (EMC CV), DCV Mena’s authorised General Distributor in Abu Dhabi.

Kay-Wolf Ahlden, President & CEO, DCV Mena FZE said, “This MoU represents our unwavering commitment to drive innovation, foster environmental responsibility, and shape the future of mobility. By combining our expertise in commercial vehicles with Beeah’s visionary approach to waste management and sustainable solutions, we are confident in our ability to create a greener, smarter, and more efficient tomorrow.”

As a zero-emission vehicle specifically designed for urban waste management, the eEconic will be added to Beeah’s fleet of over 2,000 waste collection vehicles, offering leading-edge efficiency, safety, and environmental performance. The addition of the vehicle underscores Beeah’s commitment to decarbonising its growing fleet operations in the UAE, Egypt and KSA, while aligning with the organisation’s ambitions to achieve Net Zero emissions across its range of operations by 2040.

The delivery of the eEconic is part of a larger collaboration between DCV Mena and Beeah, which will leverage the strengths and expertise of both organisations to create innovative solutions that will benefit society and the environment alike.

“We are delighted to hand over the first Mercedes-Benz eEconic in the region to Beeah, marking a significant milestone in our partnership. We would like to thank Beeah for their trust and partnership, and we look forward to working together to create innovative solutions that will benefit our customers and the environment alike,” said Bilal Al Ribi, General Manager, EMC CV.

Khaled Al Huraimel, Group CEO of Beeah added, “This addition to Beeah’s fleet perfectly aligns with our objective of shaping zero-waste societies through an advanced, digitally enabled fleet. The eEconic’s zero-emission drive and advanced safety features will enable us to further enhance our sustainable waste management solutions. We look forward to our ongoing collaboration with Daimler Commercial Vehicles Mena and Emirates Motor Company to explore more ways to reduce our transport-related emissions and contribute to the UAE’s sustainability targets.”

The post Mercedes Benz deliver zero-emission truck to Beeah appeared first on Middle East Construction News.

Source: MEConstructionNews


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January 11, 2024 valueeng0

A consortium led by French utility specialist EDF Renewables and Korea Western Power Corporation (Kowepo), has announced that it has reached financial close on Manah 1 – a 500MW solar power plant located in Oman.

Following the bid submission in September 2022, the consortium was awarded and signed a 20-year Power Purchase Agreement (PPA) with Oman Power and Water Procurement Company (PWP) in March last year.

As per the PPA, the consortium will be responsible for the design, finance, construction and operation of the plant located in the Al Dakhiliyah Governorate, 175km south of Muscat. The plant will begin commercial operation during the first quarter of 2025.

Once commissioned, the Manah 1 project will power more than 50,000 Omani households providing clean energy, while off-setting over 700,000 metric tonnes of CO2 per year.

The Manah 1 project is the first for EDF Renewables and Kowepo in the sultanate and is part of the consortium’s strategy to support the region’s Net Zero ambitions, as well as contribute to Oman nation’s Clean Energy Goals, through the diversification of the country’s energy mix aiming at 35-39% of renewable generation by 2040.

The financing for the project will be secured through equity and loan schemes sourced from local and international financial institutions, such as the Export-Import Bank of Korea, European bank Société Générale and Oman Bank Muscat.

EDF Renewables Middle East CEO, Olivier Bordes said, “Today we are reaching the financial close for this project, which highlights our strong commitment to contribute to Oman’s goal to produce from 35 to 39% of its electricity from renewable sources by 2040, and demonstrates EDF Renewables and Kowepo’s consortium’s continuing support for the sultanate in reaching its Clean Goals. The consortium’s first large-scale renewable installation in the country is perfectly in line with the EDF Group commitment to triple the renewable energy net capacity in operation worldwide, between 2023 and 2030.”

Korea Western Power Corp CEO (for MENA region), Youn Ho Ko added, “We are very pleased to announce the successful financial close of the Manah 1 solar PV project, and that we are the first Korean company to be awarded a project in Oman. This achievement was possible due to the strong partnership with EDF Renewables and their extensive experience and the unwavering support of Société Générale, KEXIM Bank and Bank Muscat.”

The post Consortium completes finance on Oman 500MW solar plant appeared first on Middle East Construction News.

Source: MEConstructionNews


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January 10, 2024 valueeng0

Quattro Del Mar has been announced by developer RAK properties. Billed as a premium project, the developer’s latest residential project it will take shape in a prime location on Hayat Island, Mina Al Arab.

According to a report, Quattro Del Mar comprises four towers and will feature an integrated lifestyle hub with entertainment options and world-class facilities, set in a serene and captivating environment. The development will offer studio, one-, two- and three-bedroom apartments, in addition to luxury sky duplexes and garden townhouses.

Connected by skywalks, the towers will offer majestic views, while an integrated podium ensures easy access to signature amenities, including a Zen garden, a Spa Club, a gymnasium for fitness enthusiasts, a nature-surrounded yoga studio, indoor and outdoor cinema, sky pools, gourmet experiences ranging from casual bites to fine dining, retail shops, a miniature golf course, promenades, a safe and creative space for kids to play, courts for recreational play, fitness trails and pet parks, the developer said.

Unveiling the project, CEO Sameh Muhtadi said Quattro Del Mar was a masterpiece that will revolutionise Ras Al Khaimah’s urban landscape by integrating urban architecture seamlessly, fostering connectivity and the community spirit.

“The Ras Al Khaimah property market is witnessing unprecedented demand, with a spike in activity expected in 2024. As the leading developer in the emirate, the launch of Quattro Del Mar confirms our commitment to meet the growing demand for investment opportunities in Ras Al Khaimah. We believe the project will become a benchmark for opulent island living in Mina Al Arab and beyond, representing a unique opportunity for local and global investors to secure their dream home surrounded by stunning natural beauty,” said Muhtadi.

The developer said the project was designed using Al and dynamic software, and will deliver exclusive views of the lagoon, and resorts. The bridges, a pivotal design feature, not only enhance the architectural flow but also house residences, elevating the cascades’ allure with breath taking panoramic vistas, it explained.

RAK Properties added that the residential project embodies a minimalist and timeless aesthetic design, and will feature unique floor-to-ceiling windows that reflect the waters of the Arabian Gulf, and offer residents an intimate connection with the coastal surroundings.

Quattro Del Mar forms part of RAK Properties’ broader master plan for Hayat Island, reinforcing Mina Al Arab’s position as a community-centric lifestyle destination in line with RAK Vision 2030, Muhtadi concluded.

The post RAK Properties unveils Quattro Del Mar residential complex appeared first on Middle East Construction News.

Source: MEConstructionNews


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January 10, 2024 valueeng0

Two agreements have been signed by Saudi Electricity Company (SEC) and its subsidiary National Electricity Transmission (NET) with Emaar, The Economic City (EEC) – the main developer of King Abdullah Economic City (KAEC). The agreement outlines the delivery of electrical services to the second and third phases of the mega project in Jeddah.

Saudi Electricity Company CEO Khalid bin Hamad Al Qunun pointed out that the company was working to contribute to the Kingdom’s efforts to provide advanced electrical solutions and services through a set of initiatives.

The first agreement is said to be aimed at connecting the main substation in KAEC with the general electrical system network of the NET Company, while the second agreement stipulates the delivery of electrical service to feed the projects.

“We are pleased to sign these important agreements to meet the increasing demand for energy in KAEC, which is an incubator and attractive city for many projects that will contribute effectively to achieving many of the goals of the Kingdom’s vision,” said EEC Managing Director Mansour bin Abdulrahman Al Salem.

The modern international industrial sector specialises in manufacturing electric cars in the third phase of the Industrial Valley of KAEC, including the Saudi Ceer Company factory for the manufacture of electric cars and the factories of the Lucid electric car company, said senior company offcials at the signing ceremony, which was held in the presence of Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz.

It is implementing key strategies that are aimed at providing electrical energy with high reliability for major projects related to achieving the goals of the Kingdom’s Vision 2030, the report stated.

The post National Electricity Transmission inks deal with Emaar, The Economic City appeared first on Middle East Construction News.

Source: MEConstructionNews


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January 9, 2024 valueeng0

Major developers have been invited to submit requests for qualification (RfQs) for the development of a new solar photovoltaic (PV) independent power project (IPP) at Ibri city in Oman. The RfQ was issued by Oman’s Nama Power and Water Procurement company.

The launch of the Ibri III Solar IPP aligns with Oman’s vision to diversify fuel sources and achieve its Net Zero target by 2050, through the use of clean energy for power generation, the group said in its tender notification.

The deadline for submitting the RfQs has been set for 19 February 19, the company stated.

According to a report, the 500MW facility is the fourth solar PV project that is being developed by Nama Power and Water Procurement in partnership with the private sector. In May 2023, the firm announced it was rebranding as it accelerated its focus on developing renewables-based power generation in the Kingdom with the support of the private sector.

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Source: MEConstructionNews


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January 9, 2024 valueeng0

Saudi-based Adel Real Estate has unveiled the blueprints for its mega project – Adel District – at Dammam in the Kingdom’s Eastern Province. Spanning 5.6m sqm, the plot-based urban development will boast five residential neighbourhoods that can together accommodate 50,000 people.

Designed by Adel Real Estate, Adel District has a full range of facilities, which include residential buildings, office spaces, mosques, shopping malls and retail centres, health centres, educational and recreational facilities, as well as creativity and innovation incubators – and even green spaces, which will be known collectively as Adel Park.

According to Adel, major infrastructure and public works have already been completed, with water, electricity, lighting, roads, telephone, rainwater drainage, and sewage networks already in place, in accordance with the latest approved sustainability standards.

Located west of Dammam City, Adel District sits along King Fahd Road (Airport Road), between King Saud Road and Riyadh Road, close to some of the major  highways connecting the city’s most famous landmarks.

A key feature of Adel District will be ‘West Boulevard’, providing investors with the means to build business communities. This space will be the district’s cornerstone, and will support the growth of its markets, shopping centers, restaurants, and cafes.

To ensure people’s wellbeing and quality of life, and in alignment with the Saudi Green Initiative, Adel Real Estate also planted 13,000 trees to achieve environmental sustainability.

The post Adel announces new 5.6m sqm Adel District appeared first on Middle East Construction News.

Source: MEConstructionNews


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January 8, 2024 valueeng0

NEOM has awarded a contract for the installation of public safety systems within its key development, Sindalah, to Saudi-based Nesma Infrastructure & Technology.

The contract is said to be valued at US $13.3mn and makes Nesma responsible for the design, supply, installation as well as the operation and maintenance of comprehensive security systems, including CCTV cameras and radar.

The first of NEOM’s assets to be unveiled, Sindalah will offer guests an idyllic luxury lifestyle. Home to one of the world-leading yachting ecosystems, and Sindalah marina aims to become a new hub and fixture in the global yachting calendar. The project is likely to be delivered in June, said a report.

Located off the coast of NEOM in the Kingdom’s north-west region, Sindalah is the developer’s first luxury island and yacht club destination in the Red Sea.

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Source: MEConstructionNews