Articles
Companies

Home / NEWS / Local contractors to benefit from ADNOC's Ruwais City expansion

Local contractors to benefit from ADNOC's Ruwais City expansion

by Oscar Rousseau on Sep 10, 2018


ADNOC will build 3,000 units as part of its major Ruwais City development plan [image: WAM].
ADNOC will build 3,000 units as part of its major Ruwais City development plan [image: WAM].

RELATED ARTICLES: UAE's ADNOC kicks off petrochem coker unit amid $45bn downstream push | ADNOC, Saudi Aramco ink deal for $44bn mega refinery in India | UAE's ADNOC to build world’s largest petrochem site worth $45bn

Abu Dhabi National Oil Company (ADNOC) said local contractors will benefit from its major development of Ruwais City, a 6.9km² community in Al Dhafra region.

The UAE's state-owned oil giant plans to build 3,000 units over a 15-year period, doubling Ruwais City's population to 50,000 and creating thousands of skilled jobs, as part of its $44.9bn (AED165bn) strategy to expand downstream operations.

Ruwais City will have 10,000 homes following the expansion project's completion. Planned developments for the scheme include a cricket ground, new beach facilities, a park, a souq, and an 18-hole golf course, as well as the expansion of its public transport. An undisclosed number of community, civic, and health centers will be set up, in addition to ad hoc housing following completion. 

Construction Week has contacted a representative from ADNOC for further details about the Ruwais City development plan.

READ: UAE's ADNOC to build world’s largest petrochem site worth $45bn

Ruwais City is in close proximity to the Ruwais Industrial Complex, and has eight schools and universities, a pharmacy, a market, a travel agency, four fitness clubs, two parks, and a mall.

ADNOC's city development plan follows a decision to spend billions of dollars on creating the world’s largest integrated refining and petrochemicals complex, which will be located in Ruwais.

HE Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC chief executive officer, said the Ruwais expansion was "not just about enhancing the city’s infrastructure", adding that it would "build a strong, sustainable community and create greater value" for the national economy.

The "big ripple effect" from the investment will create up to new 15,000 jobs by 2025 and add an additional 1% to the UAE's gross domestic product (GDP) per year.

"The in-county value will also be significant as we expand our operations, introduce new high-value products and grow our downstream market share,” Al Jaber added, according to WAM



Advertisement




Articles
Companies