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December 23, 2022 wicsummit0

Construction work on the US$12.5 million Hatta Sustainable Waterfalls project has begun, Dubai Electricity and Water Authority )DEWA) has announced.

In a statement, DEWA said that Saeed Mohammed Al Tayer, MD & CEO of DEWA, launched the project, which will be part of the entity’s social and investment responsibility to make Hatta a distinctive tourism destination.

The Hatta Sustainable Waterfalls project is an innovative architectural idea, inspired by the hexagonal beehive design since Hatta is famous as a global hub for high-quality honey, the statement said.

The project’s oases are linked with bridges crossing the water canal, forming a lively and picturesque site to spend time and take beautiful images, it continued.

“DEWA is implementing pioneering projects in Hatta in line with the vision and directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, for comprehensive and sustainable development all over Dubai, and to transform Hatta into a tourism and investment hub, while preserving its heritage,” Al Tayer said.

“Through these projects, we aim to develop Hatta and provide innovative job opportunities for the citizens of the area, as well as promote society happiness. The Hatta Sustainable Waterfalls project aims to create a sustainable natural environment, in addition to developing the area and turning it into recreational spaces and a tourist attraction in the UAE. The idea began with creating a natural water stream aligning with Hatta’s nature.

“Investment opportunities abound with four oases that have coffee shops, restaurants, and children’s playgrounds, in addition to shops for selling natural honey, local products and souvenirs. The shops will be given as grants from HH Sheikh Mohammed bin Rashid Al Maktoum to the citizens of Hatta to create additional job opportunities and meet the needs of social, economic, and environmental development,” he continued.

The project will use the slope of the upper dam of Hatta plant to create a natural waterfall. A waterway will be built below the dam, and the water used in the waterfall will be collected at the end of the stream, recycled, and pumped back to the top of the dam. The area will be developed to create recreational spaces and restaurants.

“In implementing the Hatta Sustainable Waterfalls project, we are keen to use the latest, most advanced, and safest technologies to suit the geological conditions of the Hatta region, taking into account the highest international environmental standards to preserve the Hatta Mountain Reserve and harmonise the project with its surroundings.

“The project will offer a unique experience for tourists and showcase the beauty of the mountainous areas of the UAE. At every step of the project, DEWA is keen to use sustainable materials that blend with the natural surroundings. The water canal ends at a lake that forms a diverse biological ecosystem and promotes a balanced natural aquatic life. The location of the children’s play area was carefully chosen, as it intersects with the three oases designated for coffee shops and restaurants, allowing the children’s guardians to monitor them,” Al Tayer concluded.

The post DEWA begins construction of $12.5m Hatta Sustainable Waterfalls project appeared first on Middle East Construction News.

Source: MEConstructionNews


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December 23, 2022 wicsummit0

Dubai Investments, the publicly listed, UAE-based, multi-asset investment company, has announced that it has broken ground on its flagship freehold project in Ras Al Khaimah – Danah Bay, which will be located on Al Marjan Island.

Billed as a premium beach resort-style community, the $272 million Danah Bay project will help to attract investment into the emirate of Ras Al Khaimah, while also setting new standards of luxury residential development, Dubai Investments said in a statement.

It added that the project would be developed via its subsidiary, Dubai Investments Real Estate (DIR), and that AE Seven Morse Architecture & Engineering Consultancies Co had been chosen as the consultants of the project, overseeing design and supervision.

The development consists of 209 villas, inclusive of two-bedroom townhouses with roof terraces, three-bedroom villas, four-bedroom beachfront villas, and five-bedroom breakwater villas, along with a residential tower of 128 apartments ranging from studios to four-bedroom penthouses.

Spanning a total area of 86,000sqm, Danah Bay will offer residents and investors 40,000sqm of beachfront, landscaped areas, and a 300-key, four-star hotel, which will be operated by Millennium and Copthorne Middle East Holdings. It will be located within the development, with contemporary architecture and a casual beach lifestyle influence.

The hotel has been designed to provide uninterrupted sea views, providing an ideal setting for rest and recreation, with exclusive beach access to residents and guests, the statement said.

The ground-breaking ceremony was held by Sheikh Khalid bin Saud Al Qasimi, Vice Chairman of Ras Al Khaimah’s Investment and Development Office, Khalid Bin Kalban, Vice Chairman and CEO, Dubai Investments, Abdulla Al Abdouli, CEO of Marjan and H.E Ali Bin Khalfan Al Mutawa Al Dhaheri, Founder Chairman of Ali & Sons Holding LLC.

“This ground-breaking ceremony is a significant milestone for us as it reiterates our expansion into the emirate of Ras Al Khaimah, with our flagship development, enhancing Dubai Investments position as a pan-UAE developer. The project is designed as an ideal destination that will cater to the growing tourism requirements of the emirate and provide residential opportunities that offer a distinct lifestyle.

“There is a huge interest for projects like these in the emirate and with attractive residency requirements, favourable property and business ownership terms coupled with the growing community of entrepreneurs and companies, we are positive that Danah Bay is only the beginning and Dubai Investments will continue to capitalise on the lucrative opportunities that the emirate will have to offer in the coming years,” said Khalid Bin Kalban, Vice Chairman and CEO, Dubai Investments.

Located 50 minutes away from Dubai International Airport, 60 minutes from Downtown Dubai, 30 minutes from Ras Al Khaimah Airport and 30 minutes from Ras Al Khaimah City Centre, Danah Bay is aims to be a developmental milestone that reflects the dynamism of the UAE real estate sector, as well as Ras Al Khaimah’s vision of being a key destination, said Abdulla Al Abdouli, CEO of Marjan.

“As a master developer responsible for supporting Ras Al Khaimah’s diversification strategy and transforming the Emirate into a sought-after destination for both residents and investors in varied sectors, this waterfront project builds on our commitment to deliver premium offerings to enrich the lifestyle of our diverse stakeholders,” he concluded.

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Source: MEConstructionNews


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December 23, 2022 wicsummit0

Omnix International and UK-based virtualisation services specialist IMSCAD have announced a partnership, Middle East Construction News (MECN) can reveal. The seeds of the partnership were first laid some eight years ago and, following the outbreak of COVID-19 and the growing appetite in the built environment for digital transformation, and the need to work from different locations and devices, the two firms have inked a partnership, Adam Jull, CEO & Founder of IMSCAD tells MECN exclusively.

“We work very closely with Autodesk and our skills are around deploying graphical software in a VDI (virtual desktop infrastructure) or cloud environment. This allows people to work more flexibly and on different devices and such like away from the traditional workstation. Since Omnix and Autodesk have a long history of joint innovation, and Omnix has a broad reseller base, they were the perfect match for us to get into that customer base with our solutions and services,” says Jull.

Clarifying his firm’s focus, Jull notes, “We’re effectively a services business and, as we are independent, we go across all solutions, and we just advise our customers on what to do, and then they can decide whether to go ahead or not. To date we’ve got over 700 deployments under our belt and have Autodesk customers globally in VDI or cloud, so we have a lot of experience and expertise that we can offer to organisations in the region.”

Simran Bagga, Vice President of Omnix Engineering and Foundation Technologies points out that Omnix and Autodesk have worked together for over 30 years. She says that her firm was keen to partner with IMSCAD as it sensed a significant opportunity to provide an integrated virtual desktop environment for CAD modelling to customers in the region.

“This hasn’t really been happening in the region because of concerns around security, scalability and dependability and with hybrid work environments and the outbreak of the pandemic, things have been far more complicated than they need to be and can definitely be simplified going forward. Our partnership with IMSCAD will act as a value add complimentary solution for our current Autodesk partners and customers who are looking to expand their reach, their mindset, their businesses, and how they work and deal with virtual situations in today’s world,” explains Bagga.

In June 2022, Omnix and Abu Dhabi Municipality collaborated to push a mandate relating to infrastructure projects.

“The partnership with IMSCAD is a win-win because they bring us the technology and the know-how, and we bring them the channel ecosystem, and our experience in the region. We know the region well and have experience of working with partners and customers and they know the technology well. So I think we complement each other well,” she adds.

Security is a key concern for many organisations in the region and, on top of that, the built environment is notorious for being slow to adopt new technology due to several other reasons, all of which has meant that the industry has faced a number of challenges including lagging efficiency and productivity.

Asked for his take on security concerns within the sector, Jull states, “The good news is deploying a VDI solution is just about the most secure solution you could ever want. As the information gets through to people, they’ll realise this because centralising data on a central server – that’s what you do in a VDI – means that none of it is delivered out to the endpoint. Traditionally, when you’re using VPNs, which can be quite insecure in their own right, project data can go missing. You’ve got a memory stick culture of people taking data off the local machine and all this goes away in a VDI environment – it’s just pixels of keystrokes that are transmitted. With a VDI you’ve got a secure, locked down environment for your IP. It amazes me that people who are serious about security don’t already have some sort of VDI set up already, because it ticks so many of the security boxes.”

Asked about how scalable VDI solutions are and whether limited bandwidth at remote project locations may be an issue, Jull responds, “This is really interesting because if you imagine a remote site, you’ve got hardly any bandwidth – maybe a 3G or 4G connection. So, immediately you have to ask how you can download something like a Revit file to work on? With VDI, it’s actually quite low bandwidth requirements. So, depending on the platform you use, something like Citrix to the endpoint is very low, maybe 30 or 40 kilobits, across the connection because all the processing is done on the server, it’s not done on the endpoint. So that immediately solves that issue.”

Jull says that his firm advocates for people to try before they buy. “We have a demo environment at Omnix where customers can go and test our solutions, and they can try them from remote office sites and from their homes. This is where it really works well and that ties into where people really want it. Again with people’s homes, sometimes there’s questionable bandwidth because maybe the rest of the family is on YouTube or doing something else – with traditional VPNs, the norm is you sit and watch the spinning wheel for hours before you’ve got a file to work on and then you have to send it back as well. All this goes away with VDI, it’s instantaneous.”

In July 2022, Omnix Engineering’s Bhaskar Raman told MECN that in the near future, cloud-based digital twins will serve predominantly as an asset management environment.

Discussing how Omnix and IMSCAD will address the local market, Bagga states, “The big focus for us is on getting partners to be comfortable selling this technology because everybody wants to sell what’s in their comfort zone, and today these solutions are outside that zone. What we’re trying to do here is have a dedicated in house commercial resource whose job is to pitch the IMSDCAD solutions to our existing channel ecosystem because we have a very healthy channel ecosystem, given the fact that we are a reputed value added distributor.”

“Following that, we’re going to engage with the market with a number of activities including doing training webinars for our sales and technical partners and customers. We’ve defined a well-structured go to market strategy where we’re saying ‘hey, can we enable and recruit partners to think about this technology’. We’re also looking at how these partners can translate the experience they have to customers, so we’re keen to handpick a few of our partners to tell the story to their customers. We’re looking to put together a number of case studies in the next few months. There’s a lot of heavy lifting to do when it comes to showcasing technology like this.”

Jull adds, “From our point of view, we’ve built our business in the US and Europe and we do everything remotely – we remote consult, remote deploy and remote support. So, while we won’t be there in person if a customer wants to meet us, our teams in the UK manage all these companies and their requirements all over the world – we’ve done about 700 Autodesk customers in a virtual environment so far. It’s quite a specialist job and there are challenges but we focus on it day in and day out – that’s our specialisation as a company. This is what we sell; we actually guide a customer and liaise with the customer on what’s best for them, and then go and deploy it.”

Asked about the profile of companies they’re keen to target and which sectors show the most promise, Jull remarks, “AEC firms are obviously key but we’re also looking into the manufacturing and oil and gas sectors. One of Omnix’s partners is focused on the oil and gas market and they’ve just signed up with us.”

Bagga concludes, “We’re looking to focus on the UAE and Saudi Arabia as our key markets, followed by Kuwait, Qatar, Oman and Bahrain. There is no specific order of markets we want to focus on but we’ll go wherever we see opportunities to position and pitch these solutions. Saudi Arabia is definitely on our cards to visit and make a strong pitch for because of the amount of development happening in the country at the moment – technology such as this will help firms achieve their goals.”

In late November 2022, Omnix and viAct inked a deal to increase digitalisation and safety in the AEC and O&G sectors.

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Source: MEConstructionNews


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December 22, 2022 wicsummit0

The Saudi Arabia-based Hassana Investment Company, an investment manager for the General Organisation for Social Insurance (GOSI) – which owns one of the world’s largest pension funds – has announced an investment of approximately $2.4bn (SR9bn) in three of DP World’s flagship UAE assets.

Hassana will invest approximately $2.4 billion in a new joint venture with DP World through which it will hold its economic interest in a stake of approximately 10.2% in three UAE assets.

The investment by Hassana implies a total enterprise value of approximately $23 billion for these key assets, which are: Jebel Ali Port, Free Zone and the National Industries Park.

Together, they comprise a best-in-class group of infrastructure assets, with a solid long-term track record of growth. In fact, they form a world-class integrated ecosystem for the supply and logistics chains of over 9,000 companies from around the world, serving more than 3.5 billion people globally. The three assets also generated pro-forma 2021 revenue of $1.9bn.

After this investment, which closed on 19th December, the three assets will remain fully consolidated businesses within the DP World Group, and their day-to-day operations, customers, service providers and employees will not be affected.

Sultan Ahmed Bin Sulayem, CEO of DP World, said: “We are delighted to announce this new partnership with Saudi Arabia-based Hassana, which manages one of the largest global pension funds. Hassana shares our long-term vision for the UAE assets, which have a long and sustained track record of growth and resilience. We believe this new partnership will serve to enhance our assets and allow us to capture the significant growth potential of the wider market. The transaction further strengthens our balance sheet, which, combined with the continued resilience of our business, diversity in our portfolio and focus on supply chain solutions, will support our target of achieving a strong investment-grade rating for the DP World group. Overall, we believe this partnership and transaction will drive sustainable value for all DP World stakeholders.”

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Source: MEConstructionNews


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December 22, 2022 wicsummit0

Shapoorji Pallonji has secured a major contract from Saudi PIF-backed entity Saudi Entertainment Ventures (SEVEN) for the development of the first of 21 fun parks in the kingdom.

As per the SR3bn ($797.7mn) deal, Shapoorji Pallonji will be responsible for the construction and management of the Al Hamra project leisure destination, which will occupy an area of more than 90,000sq. m.

Strategically located at the intersection of the Eastern Ring Road and King Abdullah Road, the property will boast a built-up area of 167,000 sq. m.

The Saudi PIF’s entertainment arm will be spending more than $13bn in creating 21 fun parks across 14 cities in the kingdom, which will in turn create jobs and boost the kingdom’s tourism.

Similar projects will come up in Riyadh, Kharj, Makkah, Jeddah, Taif, Dammam, Khobar, Al Ahsa, Madinah, Yanbu, Abha, Jazan, Buraidah, and Tabuk.

Abdullah AlDawood, Chairman of SEVEN, commented that: “SEVEN Al Hamra will feature many of the group’s signature entertainment experiences including an indoor hubless wheel, Wave House indoor surfing, a 10-lane bowling alley, indoor skydiving, an indoor karting racetrack, as well as cinemas, restaurants, cafes, international retail stores, and fitness.”

SEVEN has partnered with international design companies including AOA, CallisonRTKL in collaboration with Thinkwell, WME, and Ellis Don to design these Saudi entertainment projects, he added.

On the major project, Shapoorji Pallonji CEO, Mohandass Saini, said: “Through Vision 2030, Saudi Arabia intends to become one of the most desirable places to live and visit in the world. Shapoorji Pallonji is pleased that SEVEN has decided to cooperate with us on this new and ambitious endeavour. This initiative will greatly expand our business portfolio and cement our heritage in Saudi Arabia for future generations.”

The post Shapoorji Pallonji wins $798mn SEVEN fun park appeared first on Middle East Construction News.

Source: MEConstructionNews


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December 22, 2022 wicsummit0

Cinépolis Cinemas, the largest movie exhibitor in Latin America, and the third largest in the world, has signed a management agreement with Ithra Dubai to partner on a 10-screen cineplex, which will be part of the Deira Enrichment Project.

The planned cineplex will house ten screens featuring state-of-the-art auditoriums and the brand’s signature reclining Standard and Deluxe seats. These offer a luxury viewing experience and feature personal amenities and advanced storage solutions, said a statement from Cinépolis. It added that the project will feature its family-friendly Junior concept, as well as an outdoor rooftop screen.

Catering to the needs of younger cinemagoers, Cinépolis Junior will offer a jungle gym, bean bag seating, and 15-minute intermissions halfway through the film to allow children to take a break.

An alternative to traditional screens is the outdoor rooftop, which will not only provide plush and comfortable seating with high definition viewing but will also provide views of The Creek.

Cinépolis Cinemas is known globally for its legendary popcorn and delectable hot food, which the brand will be rolling out to the new Deira project, the statement added.

Lachlan Gyde, Executive Director Asset Management for Ithra Dubai commented: “We are pleased to partner with Cinépolis and welcome their international and local experience which will further reinforce our core value of enriching the lives of people we serve. The Cinema will most certainly be a valued entertainment addition to this exciting emerging community, for residents and visitors alike.”

The brand has a well-established footprint throughout the GCC, with theatres in Oman, Bahrain and Saudi Arabia. In the UAE, Cinépolis opened its cineplex in Sharjah Oasis Mall in 2020. Cinépolis Deira, expected to open by first quarter 2024, will be the eleventh theatre to welcome visitors under the Cinépolis umbrella.

Alejandro Aguilera, CEO of Cinépolis Cinemas, said: “Deira will be the first Cinépolis project in Dubai, a metropolitan hub in which we plan to expand our presence and bring our international expertise. Our goal is to offer the best cinema experience and continue to prioritize customer experience”.

He added that excellent service has always been at the core of Cinépolis, and customer convenience is something the brand has always prioritised. To make the cinema experience as simple and hassle-free, one service the brand will roll out is their contactless ordering, which allows all moviegoers to book and pay for their food and beverages from the comfort of their seats, using a customised QR code.

Ithra Dubai, a fully owned subsidiary of Investment Corporation of Dubai (ICD), provides strategic oversight by developing projects such as the Deira Enrichment Project in Deira, a place rich in culture and overflowing with history.

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Source: MEConstructionNews


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December 22, 2022 wicsummit0

ENGIE, the global low-carbon energy company, has said that it has participated in the largest-ever auction of carbon credits held during the Future Investment Initiative (FII), which was organised by the Regional Voluntary Carbon Market Company.

In a statement, ENGIE said that its ENGIE GEMS entity traded a total of 483,100 carbon credits to the Regional Voluntary Carbon Market Company for the auction. This was the largest single contribution to the 1.4 million carbon credits that were sold in the auction – which was the largest-ever auction of its kind.

Riham ElGizy, Director of VCM Initiative, said: “Dedicated to supporting the investment and innovation needed to deliver necessary climate action, and participate in Saudi Arabia’s efforts to achieve net zero by 2060, the auction represented the first step towards becoming a leading player in the global voluntary carbon market ecosystem”.

A mechanism designed to reduce greenhouse gas emissions; carbon credits are produced by developers who create carbon-reducing projects. Each carbon credit is CORSIA-compliant and Verra-registered. A single credit represents one ton of carbon dioxide that can make up for industrial production, delivery vehicles, or travel emissions. The 483,100 credits provided represent a reduction of 483,100 tons of carbon from the atmosphere

“As a global reference in low-carbon energy and services, with a purpose to provide clients with a wide range of solutions to accelerate the energy transition, we are delighted to have participated in the largest-ever auction of carbon credits organised by the Regional Voluntary Carbon Market Company,” added Varun Gujral, Chief executive officer at ENGIE GEMS in Asia-Pacific (APAC),

In total, 15 Saudi and regional entities took part in the auction, including Aramco, Olayan Financing Company, and Saudi Arabian Mining Company (MA’ADEN), which purchased the most significant number of carbon credits.

Turki Al Shehri, ENGIE’s CEO for Saudi Arabia, concluded: “We are proud to contribute to the Voluntary Carbon Market initiative as it plays a pivotal role in addressing the impact of climate change, while Saudi Arabia is committed to achieve net zero by 2060.

“For as long as we are present in Saudi Arabia, at ENGIE, we will continue to lend our expertise and support to our customers and stakeholders in support of decarbonisation.”

The post ENGIE participates in largest-ever auction of carbon credits appeared first on Middle East Construction News.

Source: MEConstructionNews


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December 22, 2022 wicsummit0

Euro Auctions Middle East is set to establish its largest auction house in the region for industrial plant, construction equipment and agricultural machinery after signing a lease agreement with Khalifa Economic Zones Abu Dhabi – KEZAD Group,

Under the agreement, Euro Auctions Middle East will expand its current UAE operations in KEZAD across a facility of more than 43,000 square metres, with site operations scheduled to commence in Q1 2023.

By collaborating with Abu Dhabi Customs and KEZAD Group, Euro Auctions Middle East retains its 100% foreign ownership and will also have a proportion of the yard categorised as a bonded warehouse, offering import and export customers the same advantages, including less paperwork, as a freezone operation.

Euro Auctions has operations worldwide with eight sites across England, Northern Ireland, Germany, Spain, Australia, the United States, and the UAE. The company conducts more than 60 auctions per year and markets to an international audience from over 95 countries worldwide due to its strong online presence.

With more companies selling well-maintained and newer machinery than ever before, Euro Auctions reported that the average lot price at its most recent UAE auction increased by 63 percent when compared to similar events in 2019. As a result, auctions are expected to become an increasingly popular option for buyers and sellers.

Auctions are a quick and efficient way to sell unused or surplus stock, with quick pay-outs enabling companies to quickly reinvest the capital back into their business. From a buyer perspective, it allows an efficient use of their time when they can pick from a wide variety of equipment all in the one place.

Richard Sweatt, general manager, Euro Auctions Middle East, said that the opening in KEZAD provides the operation with massive strategic advantages in the region.

“The site will be outside of the freezone, but Euro Auctions will still have 100% foreign ownership through the initiative launched by the UAE in 2020,” he added.

“For UAE customers, this means they no longer have the documentation requirements to deliver and collect equipment from the auction site and they will also have easy access to come and inspect the stock prior to auction day.

“We look forward to enhancing our service offering for local customers in Abu Dhabi and to growing our international footprint thanks to Abu Dhabi’s strategic location and KEZAD Group’s streamlined and cost-effective connectivity to major markets.”

From its new site in KEZAD, Euro Auctions can manage the entire auction process for sellers from collection and delivery to minor repairs, enabling clients to focus on their core business while being able to access a truly global audience through the diverse platform of buyers that Euro Auctions offers.

Mohamed Al Khadar Al Ahmed, Chief Executive Officer, Khalifa Economic Zones Abu Dhabi – KEZAD Group, added: “At KEZAD Group, we are proud to continually enable leading companies such as Euro Auctions to meet growing demand across the region and beyond from Abu Dhabi. Auctions provide an important option for industrial concerns and manufacturers looking to expand their inventory, and this new auction house will contribute to the growth of this strategic sector.

“The development of the Euro Auctions project will provide existing and future customers with facilities that can supplement their business needs through a globally renowned facility, which will bring best-in-class practices to streamline storage and transportation while providing a transparent bidding process.”

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Source: MEConstructionNews


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December 22, 2022 wicsummit0

Tecom Group CEO Abdulla Belhoul says changes to the way businesses can operate in the Dubai district will help the success of its new $120mn development.

Tecom Group revealed earlier this week that it had broken ground on the Innovation Hub Phase 2 Project, which will add more than 355,000 sq. ft. of space at Dubai Internet City, amid high demand for commercial real estate in the emirate.

Tecom is expanding its leasing portfolio to capture the increasing demand in Dubai’s commercial real estate market, underpinned by the emirate’s economic development and the government’s pro-growth strategies.

The Innovation Hub Phase 2 expands the group’s assets with two high-end office buildings, four boutique offices, retail spaces and more than 800 parking spaces.

“Tecom remains a pillar for Dubai’s business hub proposition,” said Belhoul. “New regulatory frameworks and the ease of doing business are accelerating economic growth and reinforcing investor and business confidence. We’re seeing the success of our leadership’s economic diversification strategy reflected in our commercial and industrial real estate portfolio performance this year due to an influx of new companies and talent.”

To be completed by 2024, the Innovation Hub Phase 2 will provide specialised tech offices at Dubai Internet City amid high demand for commercial real estate in Dubai.

Launched in 2018, the Phase 1 of the Innovation Hub is almost at full capacity, providing tech giants like Google, Hewlett-Packard, Gartner and China Telecom a base in the region.

With additional stages in the pipeline, the completed Innovation Hub project is expected to add more than 1.2 million sq. ft. of space for technology, education and new media businesses of all sizes to the Group’s portfolio.

The post Tecom CEO: We remain a pillar for Dubai’s businesses appeared first on Middle East Construction News.

Source: MEConstructionNews


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December 21, 2022 wicsummit0

Abu Dhabi has selected French consortium EDF (Eléctricité de France) and Engie to deliver Phase 2 of its LED road lighting public-private partnership (PPP) project.

The selection was done by Abu Dhabi Investment Office (ADIO), in collaboration with the Department of Municipalities and Transport (DMT).

DMT has signed a partnership agreement with Nojoom, a joint venture between EDF and Engie, to deliver the project in the UAE capital.

The project, which forms part of the wider Abu Dhabi Road Lighting Programme, includes the finance, supply, installation, operation and maintenance of 133,473 LED energy-efficient luminaires in the emirate of Abu Dhabi. It will result in significant electricity savings of almost 2,400 million kWh, equivalent to a reduction of approximately 74% in power consumption, over the 12-year concession period.

Abdulla Abdul Aziz AlShamsi, Acting Director-General of ADIO, said: “The completion of the second phase of the LED road lighting tender demonstrates the strength of Abu Dhabi’s PPP framework and our commitment to support partnerships between the public and private sectors to deliver strategic infrastructure projects. Building on the success of the first phase, the partnership agreement with DMT will deliver significant energy reductions across the emirate’s road lighting infrastructure, making an important contribution to the UAE’s ambitious sustainability goals.”

Dr Salem Al Kaabi, Director-General of Operational Affairs at DMT, stated: “The strategic partnership between the government and private sectors constitutes an important step towards adopting advanced technologies and creating sustainable infrastructure.

“The implementation of Phase 2 of this project will help in the reduction of energy consumption resulting from the installation of energy-efficient lighting which meets the highest standards of quality and supports improving road safety in the emirate. As we move forward with this critical project which contributes to enhancing the quality of life in the Emirate of Abu Dhabi, our team will continue to collaborate with all partners involved.”

The project was procured in accordance with Abu Dhabi’s PPP Law and ADIO’s Partnership Projects Guidebook and Environmental, Social and Governance (ESG) Policy. EDF and Engie signed a partnership agreement with DMT after a thorough three-stage evaluation of the proposals submitted by pre-qualified bidders.

The selected consortium offered the best technical solution and will deliver the project over five phases, covering smaller geographical zones across Abu Dhabi to ensure the highest standards of efficiency and sustainability.

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Source: MEConstructionNews