Top 10: GCC contract wins - June 2016
Construction Week lists the 10 largest GCC contract wins by value, awarded during June 2016
1. Turkish firm secures $4.2bn Iran power plant deal
Unit International, a Turkish-owned but Brussels-based energy firm held by businessman Unal Aysal has been contracted to build seven power plants in Iran, with a total installed capacity of 6GW.
The contracts were signed in Tehran on 1 June, with Iran’s Thermal Power Plants Holding Company, which is acting on behalf of the country’s energy ministry.
Once completed, the plants are expected to increase Iran’s current energy output by as much as 10%.
Construction on the power stations is set to begin in the first quarter of 2017, with Unit International providing the capital for the build.
2. Dubai's RTA reveals $2.8bn Route 2020 metro
The Route 2020 metro project, extending the Red Line of the Dubai Metro, has been awarded to the French, Spanish and Turkish Firms.
Dubai’s Roads and Transport Authority has awarded the $2.8 billion (AED10.6bn) contract for the Route 2020 metro expansion to the Expolink Consortium led by Alstom, Acciona and Gulermak.
The extension, which will pass through several areas including Discovery Gardens, Furjan, Jumeirah Golf Estates and Dubai Investment Park, spans 15 km from Nakheel Harbour and Tower Station all the way to Expo 2020’s location.
“Construction will start by the fourth quarter of 2016,” RTA director general Matar Al Tayer said at a press event today, adding that the official operation of the service is set to start on 20 May, 2020 – five months ahead of the opening of Expo 2020.
“The trial run is expected to start in Q4 2019,” Al Tayer added.
3. Salini consortium inks $955m Kuwait housing deal
A consortium led by Salini Impregilo, an Italian industrial group specialising in the construction and civil engineering business, has won a $955m contract from Kuwait government to develop an urban residential development on a 12,000ha area.
The contract, awarded by Kuwait’s Public Authority for Housing Welfare, is part of the South Al Mutlaa Housing Project located 40 km northwest of Kuwait City.
As per the deal, the Salini Impregilo consortium will have a 55% stake in the upcoming project.
Once completed, the new city will house 400,000 residents who will enjoy the most modern housing and logistical services, public and commercial areas, hospitals, schools and social services.
4. CSCEC wins $580m 'education city' deal in Kuwait
China State Construction Engineering Corporation's (CSCEC) Middle East unit has been awarded a $580m contract to build Kuwait's government-run Sabah Al Salem University City.
The development is set to be one of the world's largest campuses featuring world-class educational facilities.
It will feature seven 'unique-shaped' buildings including an administration building, cultural centre, convocation hall, conference centre, university library, visitor centre and a grand mosque.
5. TGC wins $272m deal to build Emaar Townhouses
Trojan General Contracting (TGC) has been awarded a $272m (AED1bn) contract for the construction of the Mira Oasis townhouses in the second phase of Reem, a master-planned neighbourhood in Dubai.
Construction of the Mira Oasis Townhouses commenced earlier this month and is scheduled for completion by the end of 2018.
Reem, a large-scale residential project, by developer Emaar Properties is located near to Arabian Ranches.
The second phase of the project will comprise 1,393 units which include 3-4 bedrooms.
6. ACC inks $200m Egypt cancer hospital deal
ACC has been awarded a $200m contract to expand the specialist Children's Cancer Hospital Egypt.
The planned extension will upgrade the facility so that it continues to offer first-class paediatric cancer care to children of the world.
Constructed by ACC and opened in 2007, Children's Cancer Hospital Egypt 57357 is one of the largest children's cancer hospitals in the world, providing cancer care and treatment to infant and junior patients from Egypt and around the world.
The extension consists of two buildings, an out-patient centre extending over 8500m² and an administrative smart building of 2500m². Both contain three basements, ground floor and 13 subsequent floors. The out-patient centre also includes a bridge link back to the main building.
7. KBR extends PM role on Qatar expressway for $185m
KBR has signed a $185m contract to extend its role as programme manager of Qatar's expressway programme by three years.
KBR is working closely with Qatar's public works authority Ashghal to create a strategic network of roads to support the goals of Qatar's National Vision 2030.
Road networks are being created to link key areas around the country, including industrial areas, airports, ports, residential, business and tourism districts
KBR was first appointed in 2010 to oversee the project which includes 40 major projects, 900 km of new and upgraded roads, and 348 bridges and underpasses.
New east–west and north–south links are being created throughout the country and the programme will also introduce facilities for cyclists and pedestrians and create a new orbital truck route around Doha.
8. RCC inks $131m fit-out deal for six Makkah hotels
Jabal Omar Development has appointed Ruwad Civil Construction (RCC) to furnish six hotels in in Makkah’s Al Masjid Al Haram.
The total value of the development is $131m (SAR492m), according to the Saudi Arabian developer.
The contract will be conducted over a maximum period of 18 months, and will involve the development of 3,492 hotel rooms.
The contract was signed by Yasser Bin Faisal Al-Sharif, CEO of Jabal Omar Development, and Sheikh Salah Bin Hamdan Al Belawi, CEO of RCC.
Under the terms of the agreement, RCC will furnish 507 rooms at the Westin, 526 rooms at the Sheraton, 668 rooms at the Double Tree, 650 rooms at the Sofitel, 581 rooms at the Millennium, and 560 rooms at the Best Western.
9. Anel Mepa wins $66m Doha metro project deal
Turkey-based Anel Mepa has been awarded a $66.5m building automation and management and heating, ventilation and air conditioning (HVAC) contract for the Red Line of Doha Metro project.
The company has received a letter of conditional award from main contractor FCC-Yuksel-Archirodon-Petroserv JV.
The scope of work includes heating and cooling, ventilation and air conditioning, plumbing, fire protection and alarm, building automation and management, testing and commissioning and electrical panel systems and lighting automation works of Red Line South Elevated and At Grade Project.
10. Limitless awards $61.9m Downtown Jebel Ali deal
Limitless has awarded a $61.9m (AED227.5m) construction contract for the completion of two residential towers at The Galleries, Downtown Jebel Ali.
UAE-based Eastern International has been appinted to carry out the work at the developer's 200ha master development.
The work is set to commence immediately and is scheduled for completion during Q3 2017.
The 27-storey towers, which boast a combined built up area of 936,000 sq ft, are already 70% complete.
The two towers comprise 641 apartments as well as ground-floor retail space spanning 68,000 sq ft.