27 September 2023
27 September 2023
The property will feature advanced water and energy conservation systems.
The development is part of bp's overarching goal to create 50GW of renewable energy capacity by 2030.
The plant is set to generate approximately 60 jobs and generate 12,000t of black mass yearly.
The development is set to cement Dubai's position as a sought-after real estate investment hub.
The development's first units are set to be delivered in 2025.
Post-completion, the site will comprise roughly 600 workplaces and shared facilities.
The site's design was inspired by its previous incarnation as an apple orchard.
The Protoplex will serve as a key hub of S&T’s proposed manufacturing and innovation complex.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Per GlobalData analysis, the South-East Asia construction industry in 2023 is dominated by Indonesia, though the country will see a slowdown compared to 2022 due to elevated building material prices, weak commercial property demand, high interest rates and a softening of external demand. The construction industry in the Philippines is estimated to register a AAGR of 7.2% between 2024 and 2027, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure.
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