South Korea-based Daewoo Engineering and Construction Co (Daewoo E&C) has secured a QAR1bn ($274.6M) financial package from Qatar Islamic Bank (QIB) to fund its ongoing projects in Qatar, including the construction and upgrading of the E-Ring Road.
UAE prime minister and vice president and ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum has approved two contracts for the construction of the 7th Interchange on Sheikh Zayed Road, and the Al Yalayis and Al Asayel roads in Dubai.
Airport authority Groupe Aéroports de Paris (ADP) has secured a tender from the Government of Bahrain to design and perform supervision work for a new air traffic control (ATC) centre at Bahrain International Airport.
Vice-president and prime minister of the UAE, and ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum has approved a project to improve a 12km stretch of the Tripoli Road in Dubai.
Italian construction firm Salini Impregilo has completed the tunnel excavation work along Line 3 of Riyadh Metro in Saudi Arabia.
Royal Boskalis Westminster has won a €480M contract from the Special Economic Zone Authority in Duqm (SEZAD) for the development of the port of Duqm in Oman.
Muhibbah Engineering Middle East, a unit of Muhibbah Engineering, has secured a contract worth MYR438.1M ($98M) for the construction of roads and infrastructure in Qatar.
The Special Economic Zone Authority in Duqm (SEZAD) has signed two contracts for the Duqm Port in Oman.
Expolink has signed a contract with Dubai’s Roads & Transport Authority (RTA) to design and build the extension of Dubai’s Red metro line and upgrade the existing system.
Galfar Engineering and Construction has secured a contract to build a fishery port and related marine and road works at the Special Economic Zone in Duqm, Oman.The contract has been awarded by Duqm Special Economic Zone Authority (SEZAD), and is valued at OMR60.69M ($157M).The project will include dredging and land reclamation works, construction of breakwaters, quay walls and concrete floating pontoons with berthing facilities.The facility will anchor a world-scale Industrial Fisheries Cluster at Duqm, and, once finished, is set to be the largest fish harbour project in the country. Construction work is expected to be complete in 30 months.
Turkey’s Tekfen Construction has signed a $2.1bn pre-agreement with the government of Qatar for the construction of the Al Khor Expressway project.The scope of work will include the construction of a 34km-long highway in the Middle Eastern country, featuring 10 lanes. It will also involve the construction of viaducts, road junctions, overpasses and underpasses. Turkish minister of transport, maritime affairs and communications Ahmet Arsalan said: "The Al Khor Expressway project will be a great example of collaboration between Qatar and Turkey."Qatar is going to host the FIFA 2022 World Cup and introduce great projects through its 2030 National Vision. Turkish contractors have immense knowledge, experience, and workforce in order to accomplish these projects."The project is expected to be delivered within three years.
Turkey-based Limak Construction has secured a contract from the Kuwait's Ministry of Public Works to build the new terminal at Kuwait International Airport (KIA).The company has submitted the lowest bid of $4.34bn to carry out the construction work on the new terminal. The contract includes the provision of maintenance for an additional two years.Upon completion, the new passenger terminal will have the capacity to handle 25M passengers annually and accommodate all aircraft types through 51 gates and stands. The project, designed by Fosters + Partners, will feature the latest technology and will be able to generate 12MW of solar power through 66,000 panels, to be installed on the terminal’s roof. Limak Group vice chairman Sezai Bacaksiz said: “The project is more than an airport, it is a link between the two countries; Kuwait and Turkey, between two economies, between two societies.“As a result of this link, new technologies will be introduced and transferred, new jobs will be created locally, planned local procurement will be in the hundreds of millions of dollars, local businesses will flourish, all while we train and equip Kuwaiti men and women of the future through the various education and empowerment initiatives that we have planned for Kuwait over the next six years and beyond.”The new terminal, aiming to achieve LEED Gold certification, is scheduled to be complete in six years.
Dubai's Road and Transport Authority (RTA) has awarded a contract worth AED611m ($166m) for the Sheikh Rashid Road-Sheikh Khalifa bin Zayed Road Interchange Project in Dubai, UAE.
ScottishPower has completed a feasibility study to evaluate the possibility of expansion of the 440MW Cruachan Pumped Storage hydro plant near Oban, Scotland.
Construction work has started on the $1.1bn expansion of Bahrain International Airport, which is expected to boost the airport’s annual passenger handling capacity to 14 million.