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Upcoming Mega Projects Middle East

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By: P&E Staff
Post Date: July 22, 2018
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Location: U.A.E.
Project: Hassyan Clean Coal Project
Value: USD 3,400,000,000
Client: Dubai Electricity and Water Authority (DEWA)
Website: www.dewa.gov.ae

The 2,400MW Hassyan clean coal power station is an ultra-supercritical (USC) power plant being developed in Saih Shuaib, Dubai. Upon completion, the project is set to be the first coal-based power plant in the region.

The project supports the Dubai Clean Energy Strategy 2050. The programme aims to produce 25% of energy from solar power, 7% from nuclear power, 7% from clean coal, and the remaining 61% from gas by 2030. The power plant is expected to produce sufficient electricity to power approximately 250,000 households.

Location: Iraq
Project: Muftiya City Project
Value: USD 234,000,000
Client: Ministry of Oil
Website: www.oil.gov.iq

Iraq’s Oil Minister has announced the construction of a tourism and entertainment resort in Basra. The $234-million Muftiya City project has been awarded to an international holding company named as Daiko.

The land to be used for the project is owned by the oil products distribution company. The 38-acre water city will included a waterpark, a leisure resort for families, and an aquarium. There will also be a zoo over 52 acres, a closed football stadium, Olympic swimming pool, sports and entertainment facilities, and restaurants.

Location: Egypt
Project: Badya Compound In Sixth Of October City
Value: USD 18,000,000,000
Client: Palm Hills Developments
Website: www.palmhillsdevelopments.com

Egypt’s second largest listed real estate developer firm Palm Hills Developments launched its newest residential flagship Badya Compound in Sixth of October City, 38km from the centre of Cairo. The project includes residential units and villas with a unique architectural design that reflects the concepts of practicality and innovation to provide a distinctive lifestyle. Its green spaces spread throughout the city which provides an enjoyable and healthy life.

Location: Oman
Project: Sino-Oman Industrial City
Value: USD 10,700,000,000
Client: DUQM Special Economic Zone Authority (SEZAD)
Website: www.duqm.gov.om

A light manufacturing zone located at Duqm, Oman. The project includes housing complex, schools, offices, a hospital, a sports center, a five-star hotel, an oil refinery capable of processing 235,000 barrels per day, a petrochemicals complex, a concrete plant, a steel smelter, a glass factory, an aluminum plant and a solar factory producing panels and batteries.

Location: Saudi Arabia
Project: Makkah And Madinah Historical Sites Development Project
Value: USD 113,333,333
Client: Makkah Region Development Authority
Website: www.mrda.gov.sa

The Makkah and Madinah historical sites development project involves an investment of SR425 million to renovate four historical sites of great significance in Makkah and Madinah - Jabal Al-Noor, Jabal Thor, Jabal Al-Rumah and Arwah Ibn Al-Zubair Palace.

The project includes development of museums, gift shops, transportation services, restaurants, restrooms, tourism offices and shopping centres.

Location: U.A.E.
Project: New Mall In Al Khawaneej District
Value: USD 82,000,000
Client: Nakheel
Website: www.nakheel.com

The new mall at Al Khawaneej will unite the Middle East’s largest retail developer and one of the region’s most prominent sports and cultural organisations. The planned joint venture will have a built-up area of 72,000m2, including 30,658m2 of leasable space. It will have parking spaces for almost 700 vehicles, in addition to three floors of retail, restaurant, and entertainment facilities, including a supermarket, a cinema complex, a fitness centre, a fun zone, and a food court.

By: P&E Staff
Post Date: July 22, 2018
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