01 August 2018

Work starts on SV Pittie facility

Oman-based SV Pittie Sohar Textiles said it has broken ground on its new training centre for cotton-yarn manufacturing skills development at Sohar Free Zone. The manufacturing facility, conconstruction work on which is already under way, will be operational in March next year.

 Being built with an investment of $300-million on a 27-hectare area, SV Pittie’s plant will be equipped with 150,000 spindles and 2,400 rotors.

Financed by Bank Sohar, the plant is targeted to be commissioned later this year, it stated.

 

17 Oman road projects completed

Oman has completed 17 asphalt road projects during 2017 and the first half of 2018, said Salim bin Mohammed al Nuaimi, transport under-secretary at the Ministry of Transport and Communications.

Among them is Batinah Expressway, an eight-lane carriageway extending a total distance of 270 km, he was quoted as saying by an Oman Daily Observer report. Maintenance work covering 1,486 km of paved roads was also undertaken in 2017, in addition to around 17,000 km of graded roads.

 The ministry has started work on 21 road projects aggregating 788 km in length, in various governorates, he said in the report.

 He said a strategy plan an integrated public transportation system for the sultanate continues to be rolled out in a phased manner in line with an approved master-plan.  

 

Orascom to build wind farm

A consortium comprising UAE-based Orascom Construction, French group Engie and Japan’s Toyota Tsusho Corporation/Eurus Energy Holdings Corporation has been awarded a contract to develop a new 500-MW wind farm in Ras Ghareb, Egypt.

A leading global engineering and construction contractor in the region, Orascom Construction said the project will be implemented on a build-own-operate (BOO) model.

The agreement was signed between the consortium and the Egyptian Electricity Transmission Company (EETC) as the off-taker and the New & Renewable Energy Authority (NREA) as the land owner.

With this milestone in place, the required steps and documentation leading to the start of construction, including financial close, are expected to be complete by the third and fourth quarter of 2019, said Orascom Construction.

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• Daikin looks to expand sales in MEA
• Reynaers curtain-walls for Bahrain skyscraper
• Al Raid launches unique lifestyle mall in Oman
• Kuwait signs $61m airport terminal expansion contract
• Kanoo Machinery wins accolade from Sullair
• Haya Water unveils $15.5bn masterplan
• Siemens completes giant project in record time
• $3bn causeway structurally complete
• $1.18bn New Jahra Medical City opens
• Region’s biggest Ikea store to open
• First Bahrain appoints acting CEO
• Atkins wins Khazaen Economic City deal
• In Brief

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