Al Mouj Muscat, Oman’s leading mixed-use integrated tourism complex (ITC), has announced the launch of initial construction work at its luxurious marina-facing Juman Two apartments following the successful completion of ground-breaking and piling works at the development.
The Public Establishment for Industrial Estates (Madayn) has invited the private sector to build, manage and operate the shipyard complex in Sur Industrial City, Oman, for a period of 30 years. This announcement comes in light of the increasing demand to set up factories for small and medium-scale fishing vessels.
Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, said construction work was progressing as per schedule at its spent pot lining (SPL) treatment plant, a first-of-its- kind facility in the GCC.
Oman has begun commercial operation of its independent power project (IPP) located at Amin in the south of the Block 6 licence of Petroleum Development Oman (PDO), said a report. Featuring 336,000 solar panels, the sultanate’s first utility-scale photovoltaic (PV) scheme, boasts a 105 MWac capacity, according to the Oman Observer.
The Opec Fund for International Development has signed a strategic partnership with Oman to help drive development in line with the country’s ambitions to become a major regional logistics hub.
More than 46 per cent of the work has been completed on the BD20 million ($53 million) flyover linking the intersection of Shaikh Khalifa Bin Salman Highway and Shaikh Isa Bin Salman Highway and it is on track for launch by the year-end, reported the Gulf Daily News (GDN), our sister publication.
Stantec, a leading international professional services company in the design and consulting sector, said a consortium led by the company has won a contract from Egyptian Holding Company for Water and Wastewater (HCWW) to help improve access to sanitation services through wastewater infrastructure for communities in the country’s Fayoum govern
Projects worth $5.5 billion had been announced across the GCC in April primarily driven by Saudi Arabia which contributed 67 per cent of the total value. Sector wise, the majority of new announcements were in the transport and utility sectors. The GCC construction market is estimated at $2.
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