Top 10 GCC contract wins - August 2016
Construction Week takes a count of the top construction contracts awarded within the GCC in the month of August
1. Abu Dhabi's Bloom awards Soho Square enabling works contract
Bloom Properties has awarded the enabling works contract for its Soho Square development to Dutch Foundation Company and Concrete Rehabilitation (DF).
Under the terms of the contract, work is set to commence in September 2016, and is scheduled to complete in Q1 2017.
Soho Square is located on Abu Dhabi’s Saadiyat Island. It is Bloom Properties’ second mixed-use development on Saadiyat, and includes residential, retail, and commercial spaces.
Commenting on the deal, Sameh Muhtadi, chief executive officer of Bloom Holding, said: “The awarding of enabling works of Soho Square is an important first step in preparing the site for the main construction work, and reiterates our commitment to delivering the project in a timely manner.
“Soho Square offers residents […] an attractive value proposition and [an] excellent opportunity to live in one of Abu Dhabi’s most sought-after locations. We will ensure that the project is completed to the highest standards.”
2. Bahrain's Alba hands power station contract to Siemens
Aluminium Bahrain (Alba) has awarded a power distribution system (PDS) contract for Power Station 5 (PS 5) to Siemens.
Siemens will be responsible for design, engineering, procurement, construction, and commissioning of high-voltage electrical network, comprising distribution switchgears and transformers to expand Alba’s electrical network.
It will also provide gas insulated switchgear (GIS) up to 220kV.
The design will provide Alba with a flexible and redundant network to ensure power availability in all scenarios.
Alba’s chairman of the board, Shaikh Daij Bin Salman Bin Daij Al Khalifa, said: “Alba’s Line 6 Expansion Project is an important part of our growth strategy and we aim to implement an efficient and reliable distribution system for high-quality power supply. We have chosen Siemens not only for their technological expertise in the power sector but also for their competitive financial bid in this Project.
3. Xylem nabs $13m wastewater plant contract in Saudi Arabia
Xylem announced that it has signed a $13m (SAR48.7m) contract to supply an integrated wastewater treatment system for water reuse in Saudi Arabia.
The system will be developed as part of the Manfouha sewage treatment plant expansion in Riyadh.
To be deployed in partnership with Al Muhaidib Contracting, Xylem’s ICEAS SBR technology will facilitate wastewater treatment at the plant, which will be reused for irrigation and agriculture in the region.
The treatment plant expansion began in Q1 2016 and scheduled to be operational by Q2 2018.
When complete, it will cater for an anticipated population increase and will generate 200,000 cubic meters per day (m3/d) of average sewage flow for treatment and reuse.
4. Thyssenkrupp wins 500-unit Doha Metro contract
Thyssenkrupp has scooped a contract to supply 500 elevators and escalators for Qatar’s Doha Metro.
The units will be installed across the transit system’s Red Line North, Green Line, and two other major stations.
The Germany-headquartered lift manufacturer will responsible for the manufacture, supply, installation, and maintenance of the units.
Commenting on the contract, Abdul Hamid El Ayoubi, chief executive officer of Thyssenkrupp Elevator (Middle East), said: “We are extremely proud of our continuous participation in Qatar’s infrastructure-driven development, having already supplied almost 400 units for the recently inaugurated Hamad International Airport in Doha.”
5. Abu Dhabi's Aldar awards $70m contract to Fibrex for Shams Meera
Listed developer Aldar Properties has awarded the main construction package, worth $70m (AED258m), to Fibrex LLC for its mid-market Shams Meera residential development in Shams Abu Dhabi on Reem Island.
The contract, which commences with immediate effect, comprises the construction of two 25-storey towers overlooking a landscaped park.
The buildings, consisting of 400 apartments, will share an underground basement car park, a garden area, swimming pools, and a children’s play area.
The surrounding neighbourhood includes canal walks, parks, a public beach, community mosques, schools, hospitals and healthcare facilities, and retail outlets.
HE Mohamed Khalifa Al Mubarak, chief executive officer at Aldar Properties, commented: “From day one, the response to Shams Meera has been really encouraging, showing us that there is significant demand for high quality mid-market homes in Abu Dhabi’s prime destinations.
6. Oman's Galfar wins $157m Duqm fisheries port contract
Omani contractor Galfar Engineering and Construction has been awarded a contract for the construction of a fisheries port and related marine and road works in Duqm by the Special Economic Zone Authority, Duqm (Sezad).
The contract is worth $157m (OMR60.6m), said a company filing at the Muscat Securities Market.
The duration of the contract is 30 months, in addition to six months for mobilisation.
Dr Hans Erlings, chief executive officer of the company, said in the filing: "We expect reasonable income from this project."
7. Damac's subsidiary, Lendlease ink $261m Aykon One London contract
Dubai-based Damac's subsidiary, Nine Elms Property Ltd has appointed Lendlease’s European construction business to build the luxury Aykon London One.
Set to become one of London’s tallest residential buildings, the 50-storey Aykon London One will be one of London’s most prestigious residential addresses and the first-of-its-kind in Europe to be designed in partnership with international fashion house, Versace Home.
The development will provide 450 homes and is sited within Zone 1, at Nine Elms on the South Bank, part of a wider multi-billion pounds regeneration scheme that includes the redevelopment of Battersea Power Station as well as the location for the new US Embassy.
With a total investment of $843m (AED3.1bn), Aykon London One will also offer an allocation of affordable housing, together with office, retail and amenity accommodation across two-interlinking towers.
8. Bloom appoints main contractor for Park View on Saadiyat Island
Bloom Properties has appointed the main contractor for its Park View development.
The project, which is located on Abu Dhabi’s Saadiyat Island, will be constructed by a joint venture between Tharwaa and Al Mansouri 3B.
Enabling works for Park View are in the final stages of completion, and site mobilisation has commenced.
Other from master developer Tourism Development & Investment Company (TDIC), Bloom is the first developer to commence construction within Saadiyat Island’s ‘University’ neighbourhood.
Park View will feature two buildings: one residential and one related to hospitality. The residential component will consist of 207 units, ranging from studio to two-bedroom apartments. In addition, the development will feature 217 serviced hotel apartments and Abu Dhabi’s first ‘sky pool’, which will sit 30m above the ground.
9. Egypt firm wins $21.3m power station deal in Saudi
Egyptian manufacturing company, Elsewedy Electric, has signed a $21.3m (SAR80m) deal to build a natural gas transmission compressor station in Saudi Arabia.
According to the contract, Elsewedy Power System Projects will carry out designing, supplying, and establishing the Saudi natural gas transmission compressor station, Amwal Al Ghaz reported.
The project will be executed in 15 months.
10. MAB FM scoops four Emaar contracts in Q1 2016
UAE-based developer Emaar awarded four major facilities management (FM) contracts to MAB Facilities Management during Q1 2016.
Under the terms of the agreements, MAB will provide an array of FM services across Boulevard Plaza in Downtown Dubai, Emaar Square, Dubai Marina Mall and Pier 7, and Marina Plaza.
Commenting on the contract wins, MAB’s chief executive officer, Maen Saddeq, said that his company had enjoyed an “extremely prosperous” start to the year.
“We are honoured to be collaborating with the esteemed Emaar Group,” he added.
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