• Shurooq receives bids for $95mn resort
development
• Bahrain Airport Company signs MoU for new
fuel farm
• Aksal group inks deal for new mall in
Morocco
• Cities of Luanda and Lobito, Angola, to be
linked by motorway
• Saudi Arabia awards deal for Butterfly Dome
• Bahrain re-assesses feasibility of $52mn
theme park project
• EIB lends €3.5bn for construction projects
• Skanska to construct £165m new Papworth
Hospital in Cambridge
• $660m in project funding secured for 100
MW Xina Solar One
• Tanzania dreams big with port project at
former slave harbour
• R16.5bn biofuel plants won't affect food
security
• Coal miner Murray to gain control of rival
• Egypt Signs U.S.$12 Billion Deal With British
Energy Giant BP
• Coega unveils plans for Cargo Airport
construction
• Prison security improved following 2013
escape
• Highland Park continues to study boat ramp
issue
Shurooq receives bids for $95mn resort development
The master-planned luxury project will spread across 261,000 square and will
comprise of three components: the fort, the hilltown and town square. The
development is projected to be completed in Q3 2017
shurooq.gov.ae
Gulf126
Article only available on BNC
Bahrain Airport Company signs MoU for new fuel farm
Bahrain Airport Company and Nogaholding have announced plans to launch a
joint venture for the operation of a new fuel farm complex at Bahrain
International Airport. The JV will supervise all aspects of the design and
construction of the complex.
http://bahrainairport.com/
Gulf127
Article only available on BNC
Aksal group inks deal for new mall in Morocco
Aksal Group, a Moroccan leader in retail, luxury goods, department stores and
shopping malls, has signed a Memorandum of Understanding with Wessal
Capital for developing a new shopping mall in Rabat, Morocco.
www.groupeaksal.com
Gulf128
Cities of Luanda and Lobito, Angola, to be linked by motorway
A new bridge over the Kwanza River in the National Road 100, begins to be
built this year to allow greater fluidity in the road between Luanda and
southern Angola, in the coastal route, said Director General of Roads Institute
Angola.
António Resende said that the new bridge will have four lanes, two in each
direction, and ability to support vehicles up to 100 tons, with the site to be
cleared and cleared for the installation of the yard.
The Director-General of Angola Roads Institute said that the current link
between Luanda and Lobito, passing around the city of Sumbe, will give way
to a highway, "since there have already capacity to support traffic which is
recorded daily. "
The construction of the highway will be built in phases, "because of its length
and high cost", with the first phase starting from the bridge over the Kwanza
to Porto Amboim and the second phase to Sumbe "and so on until you finish
work. "
The National Highway 100 currently passing through the inside of various
locations, such as Porto Amboim, Sumbe and Lobito, which has caused many
constraints on road traffic.
The current bridge Kwanza bar will continue to work, but only for internal
traffic of Luanda, António Resende needed.
In addition to the construction of the new bridge over the Kwanza River, will
be also built two other bridges with motorway profile on Long Queve and
rivers, but smaller, in that the first has four miles long and the other two 1200
meters each.
www.governo.gov.ao
Afr130
Saudi Arabia awards deal for Butterfly Dome
Riyadh, Saudi Arabia:
Saudi BinLadin Group has been awarded the contract for the construction of
the Butterfly Dome at King Abdullah Financial District in Saudi Arabia. The
glass bubble outfitted with a tropical climate will be a unique public attraction
located at the heart of the financial district.
The project worth approximately USD 35 million will be situated on the land
bridge over the Thumamah Road connecting the two areas of the KAFD.
The butterfly house is designed by German firm Gerber Architeckten
International. The spherical envelope of the dome will have a diameter of 35
meters and have photo voltaic panels installed on the facade. The entire
structure will be surrounded by a water pool.
The project is one of many awarded to SBG within the 1.6 million square
meter district. The group is also working as the main contractor on World
Trade Center tower, GCC Bank Headquarters, The Crystal Towers and The
Cloud commercial building.
The Butterfly Dome also has several other international firms working on it.
Buro Happold is the lead and MEP consultant, while Hill International is the
project management firm. Swett Group is providing cost management
services for the project.
www.sbg.com.sa
Gulf129
Bahrain re-assesses feasibility of $52mn theme park project
Bahrain is reevaluating the feasibility of developing a theme park in Muharraq.
The $52mn scheme covering an area of 93,618 square meters was to feature
the country’s first indoor ski slope and a three-story shopping center
Gulf130
Article only available on BNC
EIB lends €3.5bn for construction projects
The European Investment Bank (EIB) has approved €3.5bn of loans for
strategic infrastructure development projects, including a key railway route in
Poland and improvements to Tube and cycle travel in London.
The new loans will support long-term investment in 28 projects across the
European Union, the Western Balkans, the Caucasus region and South
America including strategic investment in road and rail upgrades and
construction along with improvements to housing, urban infrastructure,
education and research facilities.
The new credits will finance improvements of roads in France, Germany, and
Bosnia and Herzegovina, and the upgrading of a key railway route in Poland.
EIB will fund investment in low-emission housing, education and childcare
facilities, and transport in the Swedish city of Norrkoping apart from
supporting SMEs and mid-cap companies in Portugal, Spain, Italy, and,
outside the EU, in Montenegro, Bosnia and Herzegovina, Azerbaijan, Georgia,
and Brazil.
The bank's Board of Directors have approved loans worth €9.3bn funding a
range of diversified projects of which €3.5bn will be used for strategic
infrastructure.
www.eib.org/
Uk71
Skanska to construct £165m new Papworth Hospital in Cambridge
Skanska, a multinational construction and development company, has
reached financial close with the Papworth Hospital NHS Foundation Trust for
the £165m new Papworth Hospital in Cambridge.
The public-private partnership contract includes design, build, finance, hard
and soft facilities management of the new Papworth Hospital at the
Cambridge Biomedical Campus.
The consortium consists of Skanska together with OCS, which will provide soft
facilities management services.
Hard facilities management services at the hospital will be provided by
Skanska for a 30-year post-completion period.
The construction contract for Skanska is valued at £140m and will be included
in the order bookings for Skanska UK for the first quarter of 2015.
The new Papworth Hospital project will be completed in 2018 with Skanska
commencing work on the site immediately.
The hospital will include 310 beds, most of which will be in single rooms, a
46-bed critical care area, seven operating theatres, six in-patient wards, a 24-
bed day ward, an outpatient unit and diagnostic and treatment facilities.
Skanska UK managing director Terry Elphick said: "We will be consulting with
all stakeholders throughout construction, an approach we like to take on our
healthcare projects around the world, for example Barts and The Royal
London, Derby City General Hospital, UCH Macmillan Cancer Centre, the
Proton Therapeutical Centre Teaching Hospital in the Czech Republic and Le
Bonheur Children's Hospital in the USA."
www.skanska.com
UK72
$660m in project funding secured for 100 MW Xina Solar One
Technology group Abengoa has announced that $660-million in project
financing has been secured for the 100 MW Xina Solar One project – a
parabolic-trough concentrated solar power (CSP) project, with five hours of
thermal energy storage capacity, being built in South Africa’s Northern Cape.
The total investment in the Xina project is expected to be $880-million.
The project is being pursued in partnership with the Industrial Development
Corporation (IDC), the Public Investment Corporation and the Kaxu
Community Trust, and is the Spanish group’s third South African CSP project.
Abengoa has a 40% stake in the ownership consortium.
Earlier this month, the consortium officially inaugurated the 100 MW KaXu
Solar One power plant, located alongside the Xina project site, near Pofadder.
In addition, an Abengoa-led consortium is building the 50 MW Khi Solar One
power-tower project, near Upington in the same sun-drenched province.
The $660-million non-recourse project financing agreements, Abengoa says,
combine funding from development financial institutions such as the African
Development Bank, the International Finance Corporation, IDC and the
Development Bank of Southern Africa, with local investment banks such as
Absa, Nedbank and Rand Merchant Bank.
A 20-year power purchase agreement has already been signed with Eskom,
after the selection of Xina as a preferred project during the third bidding
round under South Africa’s Renewable Energy Independent Power Producer
Procurement Programme.
Abengoa says the location of Xina alongside KaXu, the first CSP plant to enter
commercial operation in South Africa, will form the “largest solar platform in
sub-Saharan Africa”.
www.abengoa.com
RSA37

16 march 15 presentation

  • 1.
    • Shurooq receivesbids for $95mn resort development • Bahrain Airport Company signs MoU for new fuel farm • Aksal group inks deal for new mall in Morocco • Cities of Luanda and Lobito, Angola, to be linked by motorway • Saudi Arabia awards deal for Butterfly Dome • Bahrain re-assesses feasibility of $52mn theme park project • EIB lends €3.5bn for construction projects • Skanska to construct £165m new Papworth Hospital in Cambridge • $660m in project funding secured for 100 MW Xina Solar One • Tanzania dreams big with port project at former slave harbour • R16.5bn biofuel plants won't affect food security • Coal miner Murray to gain control of rival • Egypt Signs U.S.$12 Billion Deal With British Energy Giant BP • Coega unveils plans for Cargo Airport construction • Prison security improved following 2013 escape • Highland Park continues to study boat ramp issue
  • 2.
    Shurooq receives bidsfor $95mn resort development The master-planned luxury project will spread across 261,000 square and will comprise of three components: the fort, the hilltown and town square. The development is projected to be completed in Q3 2017 shurooq.gov.ae Gulf126 Article only available on BNC
  • 3.
    Bahrain Airport Companysigns MoU for new fuel farm Bahrain Airport Company and Nogaholding have announced plans to launch a joint venture for the operation of a new fuel farm complex at Bahrain International Airport. The JV will supervise all aspects of the design and construction of the complex. http://bahrainairport.com/ Gulf127 Article only available on BNC
  • 4.
    Aksal group inksdeal for new mall in Morocco Aksal Group, a Moroccan leader in retail, luxury goods, department stores and shopping malls, has signed a Memorandum of Understanding with Wessal Capital for developing a new shopping mall in Rabat, Morocco. www.groupeaksal.com Gulf128
  • 5.
    Cities of Luandaand Lobito, Angola, to be linked by motorway A new bridge over the Kwanza River in the National Road 100, begins to be built this year to allow greater fluidity in the road between Luanda and southern Angola, in the coastal route, said Director General of Roads Institute Angola. António Resende said that the new bridge will have four lanes, two in each direction, and ability to support vehicles up to 100 tons, with the site to be cleared and cleared for the installation of the yard. The Director-General of Angola Roads Institute said that the current link between Luanda and Lobito, passing around the city of Sumbe, will give way to a highway, "since there have already capacity to support traffic which is recorded daily. " The construction of the highway will be built in phases, "because of its length and high cost", with the first phase starting from the bridge over the Kwanza to Porto Amboim and the second phase to Sumbe "and so on until you finish work. " The National Highway 100 currently passing through the inside of various locations, such as Porto Amboim, Sumbe and Lobito, which has caused many constraints on road traffic. The current bridge Kwanza bar will continue to work, but only for internal traffic of Luanda, António Resende needed. In addition to the construction of the new bridge over the Kwanza River, will be also built two other bridges with motorway profile on Long Queve and rivers, but smaller, in that the first has four miles long and the other two 1200 meters each. www.governo.gov.ao Afr130
  • 6.
    Saudi Arabia awardsdeal for Butterfly Dome Riyadh, Saudi Arabia: Saudi BinLadin Group has been awarded the contract for the construction of the Butterfly Dome at King Abdullah Financial District in Saudi Arabia. The glass bubble outfitted with a tropical climate will be a unique public attraction located at the heart of the financial district. The project worth approximately USD 35 million will be situated on the land bridge over the Thumamah Road connecting the two areas of the KAFD. The butterfly house is designed by German firm Gerber Architeckten International. The spherical envelope of the dome will have a diameter of 35 meters and have photo voltaic panels installed on the facade. The entire structure will be surrounded by a water pool. The project is one of many awarded to SBG within the 1.6 million square meter district. The group is also working as the main contractor on World Trade Center tower, GCC Bank Headquarters, The Crystal Towers and The Cloud commercial building. The Butterfly Dome also has several other international firms working on it. Buro Happold is the lead and MEP consultant, while Hill International is the project management firm. Swett Group is providing cost management services for the project. www.sbg.com.sa Gulf129
  • 7.
    Bahrain re-assesses feasibilityof $52mn theme park project Bahrain is reevaluating the feasibility of developing a theme park in Muharraq. The $52mn scheme covering an area of 93,618 square meters was to feature the country’s first indoor ski slope and a three-story shopping center Gulf130 Article only available on BNC
  • 8.
    EIB lends €3.5bnfor construction projects The European Investment Bank (EIB) has approved €3.5bn of loans for strategic infrastructure development projects, including a key railway route in Poland and improvements to Tube and cycle travel in London. The new loans will support long-term investment in 28 projects across the European Union, the Western Balkans, the Caucasus region and South America including strategic investment in road and rail upgrades and construction along with improvements to housing, urban infrastructure, education and research facilities. The new credits will finance improvements of roads in France, Germany, and Bosnia and Herzegovina, and the upgrading of a key railway route in Poland. EIB will fund investment in low-emission housing, education and childcare facilities, and transport in the Swedish city of Norrkoping apart from supporting SMEs and mid-cap companies in Portugal, Spain, Italy, and, outside the EU, in Montenegro, Bosnia and Herzegovina, Azerbaijan, Georgia, and Brazil. The bank's Board of Directors have approved loans worth €9.3bn funding a range of diversified projects of which €3.5bn will be used for strategic infrastructure. www.eib.org/ Uk71
  • 9.
    Skanska to construct£165m new Papworth Hospital in Cambridge Skanska, a multinational construction and development company, has reached financial close with the Papworth Hospital NHS Foundation Trust for the £165m new Papworth Hospital in Cambridge. The public-private partnership contract includes design, build, finance, hard and soft facilities management of the new Papworth Hospital at the Cambridge Biomedical Campus. The consortium consists of Skanska together with OCS, which will provide soft facilities management services. Hard facilities management services at the hospital will be provided by Skanska for a 30-year post-completion period. The construction contract for Skanska is valued at £140m and will be included in the order bookings for Skanska UK for the first quarter of 2015. The new Papworth Hospital project will be completed in 2018 with Skanska commencing work on the site immediately. The hospital will include 310 beds, most of which will be in single rooms, a 46-bed critical care area, seven operating theatres, six in-patient wards, a 24- bed day ward, an outpatient unit and diagnostic and treatment facilities. Skanska UK managing director Terry Elphick said: "We will be consulting with all stakeholders throughout construction, an approach we like to take on our healthcare projects around the world, for example Barts and The Royal London, Derby City General Hospital, UCH Macmillan Cancer Centre, the Proton Therapeutical Centre Teaching Hospital in the Czech Republic and Le Bonheur Children's Hospital in the USA." www.skanska.com UK72
  • 10.
    $660m in projectfunding secured for 100 MW Xina Solar One Technology group Abengoa has announced that $660-million in project financing has been secured for the 100 MW Xina Solar One project – a parabolic-trough concentrated solar power (CSP) project, with five hours of thermal energy storage capacity, being built in South Africa’s Northern Cape. The total investment in the Xina project is expected to be $880-million. The project is being pursued in partnership with the Industrial Development Corporation (IDC), the Public Investment Corporation and the Kaxu Community Trust, and is the Spanish group’s third South African CSP project. Abengoa has a 40% stake in the ownership consortium. Earlier this month, the consortium officially inaugurated the 100 MW KaXu Solar One power plant, located alongside the Xina project site, near Pofadder. In addition, an Abengoa-led consortium is building the 50 MW Khi Solar One power-tower project, near Upington in the same sun-drenched province. The $660-million non-recourse project financing agreements, Abengoa says, combine funding from development financial institutions such as the African Development Bank, the International Finance Corporation, IDC and the Development Bank of Southern Africa, with local investment banks such as Absa, Nedbank and Rand Merchant Bank. A 20-year power purchase agreement has already been signed with Eskom, after the selection of Xina as a preferred project during the third bidding round under South Africa’s Renewable Energy Independent Power Producer Procurement Programme. Abengoa says the location of Xina alongside KaXu, the first CSP plant to enter commercial operation in South Africa, will form the “largest solar platform in sub-Saharan Africa”. www.abengoa.com RSA37