Three-Eight-Six-B-Grimm_1000x600-1.jpg

May 30, 2024 foasummit0

Solar IPP specialist Three Eight Six Holdings has inked a strategic partnership with B.Grimm Power Public Company Limited, a specialist in the South East Asian region for sustainable energy solutions.

As per a statement, B.Grimm Power Public Company Limited, Minas Investments, and Green Synergy Consulting have acquired a 49% equity stake in Three Eight Six Holdings. The deal will enable the firm to leverage B.Grimm Power’s experience and capabilities to jointly develop solar energy projects in the GCC region.

“We want to be the front runner in renewable energy developments in the GCC to make a strongly positive and sustainable impact in the region. With our new partnership, we have a clear ambition to develop and operate 100MW of C&I solar projects by 2025,” said Ahmad Al Khayyat, Chairman of Three Eight Six Group.

“This marks the beginning of a cleaner and greener future for the Middle East, thereby finally putting it on the world map for energy transformation,” said Dr. Harald Link, President of B.Grimm Power Public Company Limited.

Solar panels absorbing the suns energy on hot summer day

The investment by B.Grimm Power in the Three Eight Six Holdings is said to demonstrates how promising and attractive the renewable energy sector in the Middle East is. In this sense, it can be aligned with the strategic vision of the GCC countries, who are pursuing increased renewable energy capacity in line with capacity requirement increases and sustainable development goals, said the statement.

This will be a strengthening investment in Three Eight Six Holdings’s existing portfolio and pipeline projects across the three jurisdiction, it added.

B.Grimm Power’s strategic entry into the Middle Eastern market is based on its adherence to the region’s commitment to a high rate of investment in renewable energy infrastructure. From this perspective, this partnership with Three Eight Six Holdings ensures that B.Grimm Power becomes a significant player in the region’s renewable energy portfolio, thereby supporting several countries in their sustainability agendas, the statement concluded.

The post Three Eight Six Holdings and B.Grimm Power ink deal for clean energy projects appeared first on Middle East Construction News.


Source: ME Construction News


Warefa1_1000x600-1.jpg

May 30, 2024 foasummit0

PIF-owned Roshn Group has announced a range of show villas, townhouses, and duplexes at Warefa, its first community development in East Riyadh.

The community, Roshn’s second in the Saudi capital, will boast 2,300 residential units featuring a mix of villas, townhouses and duplexes. When fully completed it will be home to over 13,000 people.

Warefa will combine modern homes with vibrant, open public spaces covering approximately 16,000sqm, with walkable streets and a mix of essential and leisure amenities designed to encourage healthy, active living.

Visitors to Warefa will be guided by Roshn’s dedicated sales team, who will also demonstrate how the community will look. across its 1.4sqkm once completed.

A company spokesperson explained, “Each of the eight different home types can be toured, with fully furnished duplexes, townhouses, and villas on display for walk-throughs with Roshn’s sales experts on hand to share information about size, equipment, and pricing.”

According to him, Warefa’s homes are inspired by the unique architectural ‘Salmani’ style of Riyadh and Najd, which blends tradition and modernity.

The range of residences includes stylish four-bedroom duplexes, as well as four and five-bedroom villas; there is also a ‘prime villa’ option.​ Prime villas offer five bedrooms, rooms for both a maid and driver, and a rooftop terrace.

Located in East Riyadh, close to Dammam Road and Khurais Road, Warefa offers easy access into the centre of Riyadh, with its host of economic, healthcare, governmental, entertainment, and educational institutions.

The post Roshn Group launches Warefa villa complex appeared first on Middle East Construction News.


Source: ME Construction News


Imdaad-Gates-Development1_1000x600-1.jpg

May 29, 2024 foasummit0

Facilities management firm Imdaad-Misr has entered into a new service agreement with Egypt-based developer Gates Developments.

As per the terms of the deal, Imdaad-Misr will provide integrated FM services to Gates Developments’ three projects in the Administrative Capital, five projects in West Cairo, and the new Lyv project in Ras El Hikma on the North Coast.

The agreement was signed by Mahmood Rasheed, Chief Operating Officer of Imdaad, Engineer Osama Osman, General Manager of Imdaad-Misr, and Hassan Nasr, the CEO of Gates Developments, at a special ceremony held in Cairo. The agreement is said to align with Gates Development’s strategy to engage leading operational companies and enhance the quality and performance of its future projects.

“As a regional leader in the facilities management sector, Imdaad Group has a proven track record of delivering exceptional services to administrative, commercial, residential, medical, and tourism real estate projects. This has established us as one of the top integrated facilities management companies in the Middle East. We are committed to sustainable operations, leveraging local, regional, and international expertise, which has significantly contributed to Imdaad Group’s remarkable long-term success in the region,” said Rasheed.

Othman pointed out that the company was focused on expanding its presence in Egypt as part of its growth strategy. He stated, “Our new agreement with Gates Real Estate Development Company represents a significant step in Imdaad Group’s ongoing expansion. We are delighted with this collaboration and grateful for the trust placed in us.”

He continued, “This partnership will bolster our capacity for substantial, positive impact within the facilities management market, particularly for promising and distinguished mega projects. Drawing on our extensive experience, we will realise the company’s aspirations by delivering a comprehensive range of exceptional facilities management services.”

On the Imdaad tie-up, Nasr said Gates Developments remains committed to forming strategic alliances with leading brands across various sectors to boost the investment value of its projects. “This agreement aligns with Gates Development’s strategy to partner with top-tier consultants, operators, and service providers to deliver a market-competitive product for the upcoming period,” he stated.

The deal also aims at reducing the long-term operating costs of buildings by maintaining and enhancing facilities management assets, with a focus on creating added value and driving high-quality standards in the Egyptian market, he concluded.

The post Imdaad-Misr to provide FM services for nine Gates Developments’ projects appeared first on Middle East Construction News.


Source: ME Construction News


Saudi-Arabia-Map_1000x600-2.jpg

May 29, 2024 foasummit0

The Saudi Architecture and Design Commission (ADC) has announced the pilot edition of its Design Leadership Programme 2024, as part of its Educational Enrichment Programs Initiative.

The programme, which runs until 8 June, is aimed at enhancing the students’ leadership capabilities through a comprehensive online curriculum, complemented by additional programme components.

Announcing the launch, ADC said the initiative was designed for young architecture and design professionals with 3-7 years of experience, who are currently in leadership positions, managing teams of 2-5 people or more.

The applicants should be residents of Saudi Arabia, working in one of the architecture and design disciplines, and proficient in English.

The programme’s objectives are to offer architecture and design practitioners opportunities to develop leadership skills, enrich the practical application of leadership with real-world examples and best practices, and promote collaboration within the Saudi architecture and design community. This is also the first initiative of its kind in the GCC, aligning with the tremendous emphasis on leading-edge design in the Kingdom’s current and future crop of giga-projects.

The post Design leadership programme launched in KSA appeared first on Middle East Construction News.


Source: ME Construction News


Putz1_1000x600-1.jpg

May 29, 2024 foasummit0

Germany-based Züblin has said that it has constructed a building from a single 3D-print with load-bearing concrete walls. The achievement is a ‘world first’ according to the company, which is a subsidiary of Putzmeister and Strabag.

According to a report, the structure is Strabag Baumaschinentechnik International’s newest warehouse in Stuttgart, Germany, and its construction will not only create a new facility for Strabag but also serve as a bench test for Züblin’s 3D printing capabilities and processes.

Using Putzmeister’s KARLOS mobile concrete printer, the machine’s mast boom has a 26m reach. Its extensive span allows the application of “concrete in several layers precisely on the basis of a predefined and digital blueprint via a special print head,” noted Züblin.

Until now, the challenges of 3D concrete printing have mainly been the lack of scalability of the technology for large-scale projects. “Printing has mainly been done with so-called portal printers, which are limited to the production of smaller buildings,” the firm added.

It added that KARLOS allows more flexibility and range, which provides the potential for scalability – even for large-scale projects. Delivering cementitious paste in a rectangular method, much like the form of a brick (as opposed to a rounded edge like most 3D concrete printers), the squared walls are able to support the weight of the building.

“In addition to the complete elimination of formwork work, the economic and ecological advantages of the method include the production of solid wall cross-sections in a single operation and the use of CO2-reduced concretes. By using only green electricity for the all-electric machine and using CO2-reduced concretes, Züblin and Putzmeister are making an important contribution to making building construction more sustainable in the future,” the firm explained.

Combined with electrification, digital planning, and use of a BIM model on this project, Züblin said it’s hoping to develop novel construction methods for the future.

It concluded, “The combination of the production steps from the digital planning of the BIM model to the implementation by 3D printer revolutionises the processes in construction. Work processes are significantly streamlined and accelerated by automation.”

The post Züblin leverages 3D printing to deliver load-bearing concrete walls appeared first on Middle East Construction News.


Source: ME Construction News


W-Residences1_1000x600-1.jpg

May 28, 2024 foasummit0

DMCC and Signature Developers have partnered to launch W Residences in Jumeirah Lakes Towers (JLT). Scheduled to break ground by year-end, it will set new standards in extraordinary, hotel-living across the vibrant JLT community, DMCC said in a statement.

Set up in collaboration with Marriott International, Signature Developers will redefine luxury living with the W Residences, a 32-storey development anticipated to boast around 200 exclusive design-forward apartments, the statement continued.

“Through our partnership with Signature Developers, DMCC continues to spearhead world-class developments that redefine luxury living. The W Residences, in collaboration with Marriott International, marks another milestone in our commitment to elevating the JLT district. At approximately 32 storeys and 200 exclusive apartments, this strategic collaboration will provide another landmark residential offering to JLT and drive even further value for Dubai’s dynamic and growing luxury real estate sector,” remarked DMCC Executive Chairman and CEO Ahmed Bin Sulayem.

He continued, “Residents will enjoy ownership perks that are second to none, signature amenities, and unrivalled panoramic views of the JLT skyline, the lush greens of the Montgomerie Golf Course, Emirates Hills and The Meadows.”

This strategic partnership is said to build on previous successful collaborations between DMCC and Signature Developers, the Taj Jumeirah Lakes Towers hotel and The Residences JLT, which were both completed in 2019. It underscores the continued strong demand for premium property offerings within the vibrant district, the statement outlined.

“In the realm of ultra-luxury living, our commitment goes beyond the extraordinary. With the W Residences in the heart of JLT, we are not just creating residences; we are crafting a vibrant lifestyle that transcends expectations,” said a Signature Developers spokesperson.

The post DMCC and Signature Developers launch new luxury tower in JLT appeared first on Middle East Construction News.


Source: ME Construction News


Oman-Business-Gateway1_1000x600-1.jpg

May 28, 2024 foasummit0

Six major players in the project development sector are in the race to develop the Oman Business Gateway, a mixed-use project in Muscat featuring a blend of office spaces, residential units, retail outlets, as well as a 5-star hotel,

The prime contenders are French builder Bouygues Batiment International; the regional unit of Australia’s Plenary Group; and Kuwait-based Alghanim International General Trading & Contracting Company. Additionally, local Omani names such as Galfar Engineering & Contracting Company, Muscat National Development & Investment Company (Asaas) and Amjaad Group have also entered their tenders.

The Oman Business Gateway, being developed as a Public Private Partnership (PPP) project, will be built on a 215,000sqm area in the Airport Heights district of Muscat. The project is being set up as a commercially-focused hub with a variety of mixed-use assets. One of the objectives is to transform the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) land located at Airport Heights into a centre for prime economic growth.

The Ministry of Finance explained that the Oman Business Gateway project began with a feasibility study, followed by the issuance of the RFQ tender in February. Out of 68 interested companies, eight submitted their documents for the RFQ tender, and six have now been shortlisted.

These shortlisted companies will be invited to submit their proposals, after which the real estate development contract will be awarded to the winning bidder.

The scope of work for the company, as the project master developer, will be to provide overall design, financing, development and operation of the Oman Business Gateway.

A key highlight of the Gateway will be the construction of the new MoCIIP headquarters on a 30,000sqm area, housing all ministry and departmental staff. The new building will also replace the current offices of MoCIIP.

With the MoCIIP headquarters at its foundation complemented by a mix of retail, commercial and accommodation, this flagship project is poised to significantly enhance the economic landscape of Muscat Governorate, it added.

The post Six firms in the running for Oman mixed-use project appeared first on Middle East Construction News.


Source: ME Construction News


DP-World-Mawani-Jeddah-Port_1000x600-1.jpg

May 27, 2024 foasummit0

Ground has been broken on a new logistics park which will come up on a 415,000sqm area in Jeddah Port. The project is being jointly developed by DP World and the Saudi Ports Authority (Mawani).

According to DP World, the new facility will provide modern storage and distribution facilities, as well as help boost trade in the Kingdom of Saudi Arabia and the wider region. Established in 2022 as part of a 30-year concession, Jeddah Logistics Park will be developed in two phases with a planned opening in Q2 next year.

According to a report, the greenfield facility is being developed at a cost of US $250mn and will feature 185,000sqm of warehousing space and a multipurpose storage yard, which will make it the largest integrated logistics park in the Kingdom. The facility will have the capacity for more than 390,000 pallet positions, offering customers an efficient platform for the seamless flow of goods to and from Jeddah.

The facility will have a rooftop solar plant on the warehouse that will generate 20MW of renewable energy, contributing to its sustainable design.

“Saudi Arabia has always been a deeply important market for DP World and this milestone represents our ongoing commitment to the Kingdom. Jeddah Logistics Park, strategically located on the vital Asia-Europe shipping route, will provide world-class multimodal connectivity and market access for our customers, while supporting the ambitious aims of Saudi Vision 2030. This investment marks a significant step as we mark 25 years of operations in Jeddah and underscores our enduring commitment to facilitating the flow of trade,” said DP World Chairman and CEO Sultan Ahmed bin Sulayem.

The collaboration between Mawani and DP World also includes the management of South Container Terminal through a separate 30-year concession signed in 2020. The terminal is said to currently be in the final phase of a comprehensive modernisation project, and is set for completion in Q4 2024, which will see the handling capacity being ramped up to five million twenty-foot equivalent units (TEUs). Altogether, the two DP World projects represent a combined investment of close to $1bn.

President of Mawani, Omar Bin Talal Hariri, said this new logistics area will be connected to DP World’s South Container Terminal at Jeddah Islamic Port, facilitating growth and increasing the number of containers handled at the terminal.

He highlighted, “The project is part of Mawani’s broader efforts to expand the number of logistics centres in Saudi ports, in partnership with major national and international companies, and in line with the objectives of the National Transport and Logistics Strategy and Vision 2030.”

The post Development of US $250mn logistics park commences in Jeddah Port appeared first on Middle East Construction News.


Source: ME Construction News