uae construction industry 2006
TRANSCRIPT
UAE Construction Industry in 2006 Compiled in March 2007
Ventures Middle East LLC 1
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UAE Construction Industry in 2006 Compiled in March 2007
UAE Construction Industry in 2006
AN OVERVIEW
This report contains 29 pages and prepared by Ventures Middle East LLC
March 2007 Feedback: Our clients’ satisfaction is our utmost concerns. We welcome all feedback regarding our research, appraisals and products. Please send us your notes on this report, what you found useful in it and future research directions or requirements that would help in your business should be addressed to: Ventures Middle East LLC Abu Dhabi, United Arab Emirates P.O. Box: 32094 Tel : (971 - 2) 6222 455 Fax : (971 - 2) 6222 404 E-mail : [email protected] Web Site : www.ventures-uk.com
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UAE Construction Industry in 2006 Compiled in March 2007
TABLE OF CONTENTS
1. YEAR 2006 – A CLOSER LOOK ......................................................................4 2. GDP IN 2006 & 2007 .......................................................................................10 3. MAJOR PROJECTS AWARDED TO CONTRACTORS IN 2006....................11 4. TOP CONTRACTORS IN 2006 .......................................................................21 5. TOP CONSULTANTS IN 2006 ........................................................................22 6. TOP DEVELOPERS IN 2006...........................................................................23 7. CONTRACTOR AWARDS IN 2006 .................................................................25 8. EXPECTED CONTRACTOR AWARDS IN 2007.............................................26 9. MAJOR PROJECTS ANNOUNCED IN 2006 ..................................................27
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UAE Construction Industry in 2006 Compiled in March 2007
1. YEAR 2006 – A CLOSER LOOK As predicted by industry experts, the UAE construction industry experienced unprecedented growth in the year 2006, with order books hitting new highs for most of the companies serving the industry, thus consolidating their presence in the region. The year 2006 witnessed more activity especially in the building construction sector compared to the year 2005. The activity is expected to continue upbeat for the next few years as billions worth of projects are announced to be in the pipeline and on the drawing boards. According to the Ministry of Finance and Industry, investment in the UAE's industrial sector hit a record Dhs.70.4 billion in 2006, an increase of more than 3 per cent compared with Dhs.68 billion in 2005. In the industrial sector, the three notable events which took place in 2006 are the following: Mubadala Development Company and Dubal signing an agreement on 18th February 2006 to jointly build a US$6,000 million grassroots aluminium complex at Taweelah; Abu Dhabi’s General Holding Corporation announced the signing of a heads of agreement with Comalco Aluminium to proceed with a detailed feasibility study for the development of an aluminium smelter in the emirate; ConocoPhillips (US) announced signing of a heads of agreement with International Petroleum Investment Company (IPIC) to carry out a feasibility study for the construction of a refinery in Fujairah. An array of key real estate developments were announced during 2006 throughout the country. The major announcements include the establishment of Dubai Aerospace Enterprise to attract US$15,000 million investment by 2015; US$27.2 billion Bawadi project by Tatweer, part of Dubai Holding; Fifth island project in Dubai by Nakheel Corporation and Abu Dhabi’s largest real estate project till date – the US$40,000 million Yas Island Development by Aldar Properties. The activities in the marine sector received a shot in the arm when the emirate of Abu Dhabi unveiled plans to build the US$2,100 million Khalifa Port and Industrial Zone at Taweelah during early 2006. The prominent events which took place in 2006 in the power and water sector include identification of two new sites – Hassyan and Lehbab by Dubai Electricity and Water Authority (DEWA) for construction of power and desalination plants for the future; government of Abu Dhabi’s launch of Masdar alternative energy initiative; signing of key project agreements on the Fujairah independent water and power project (IWPP) between Abu Dhabi Water and Electricity Authority (ADWEA) and Sembcorp Utilities; Launch of the 7th independent water and power project (IWPP) in Fujairah by ADWEA; and approval of Abu Dhabi’s Taweelah A1 independent water and power plant extension, to be known as A10 by the executive council.
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UAE Construction Industry in 2006 Compiled in March 2007
Let’s take a closer look at the highlights of the year 2006 by quarter. Quarter 1
• The emirate of Abu Dhabi unveiled plans to build the US$2,100 million Khalifa Port and Industrial Zone at Taweelah.
• French/local joint venture of Bouygues Batiment International and Target
Engineering Construction Company bagged the estimated US$275 million main construction contract for the DIFC Ritz Carlton project.
• In Ras Al Khaimah, the Investment & Development Office (IDO) launched
a new firm called EDRAK aimed at developing the education sector in the emirate and across the Middle East.
• US based conglomerate GE Electric signed a memorandum of
understanding on 24th January 2006 with Dubai Holding to develop infrastructure and industrial projects in the Middle East.
• Danieli & Company signed the US$545 million EPC contract for the first
phase construction of rebar and wire rod facility for Abu Dhabi based General Holding Company.
• HSBC Bank Middle East and Daman Securities partnered together for a
private sector real estate joint venture fund – Arabian Real Estate Investment Trust.
• Al Naboodah Contracting was awarded the estimated US$300 million first
runway package at the Jebel Ali International Airport and Dubai Logistics City.
• Al Shafar General Contracting wins the estimated US$218 million main
construction contract for the Golden Mile project on Palm Jumeirah.
• Nakheel Corporation formed a new company called Nakheel Hotel & Resorts to invest in and develop tourism projects across Middle East, Africa, Asia, Russia and the CIS.
• Dubai Aerospace Enterprise is formed to attract US$15,000 million
investment by 2015.
• Ras al Khaimah government announced plans to develop an estimated US$265 million commercial spaceport in the emirate.
• Mubadala Development Company and Dubal signed an agreement on 18th
February to jointly build a US$6,000 million grassroots aluminium complex at Taweelah, Abu Dhabi.
• Al Qudra Holding and Utilities Development Company Holdings (Kuwait)
combined together to float a new utilities firm – Emirates Utilities Company Holding aimed at developing public sector projects.
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UAE Construction Industry in 2006 Compiled in March 2007
• ADWEA selected Australia’s Cardno as the technical advisor; Dewey Ballantine as legal advisor and BNP Paribas as financial advisor on the planned privatization of Abu Dhabi emirate’s two sewage treatment plants.
• DEWA identified two new sites – Hassyan and Lehbab for construction of
power and desalination plants for the future.
• Dubai government announced the long awaited property law on 14th March 2006 which states that UAE and GCC nationals, including companies wholly owned by them and public joint stock companies have the right to own property in Dubai. Non GCC nationals will be given the right to freehold property and leasehold of up to 99 years in certain parts of Dubai emirate.
• The government of Abu Dhabi launched the Masdar alternative energy
initiative.
• ExxonMobil (US) signed an agreement on 27th March 2006 with ADNOC to take 28% stake in the offshore Upper Zakum oil field.
• Fortune Group launched the estimated US$1,066 Million, 108-storey Burj
Al Alam tower on 28th March 2006.
• Abu Dhabi Melamine Industry Company was formed by ADNOC and AMI Agrolinz Melamine International (Austria) to own and operate the planned Ruwais melamine plant.
Quarter 2
• Engineers India Limited was awarded the detailed conceptual study contract for increasing production capacity at the offshore Upper Zakum field and processing facilities on Abu Dhabi’s Zirku island.
• Abu Dhabi Tourism Authority launches a new subsidiary, Tourism
Development & Investment Company (TDIC).
• Dubai’s Zabeel Investments entered into a Dhs.700 million agreement with Switzerland’s TUI Hotels & Resorts to build two hotels on Palm Jumeirah.
• Al Qudra Real Estate announced its first major project – Danet Abu Dhabi
which will comprise 34 towers (15-23 storeys) and a shopping mall.
• Sheffield Real Estate in joint venture with Russia’s Rustar Real Estate launched the 101-storey, 412 metre high Marina 101 tower.
• Atkins appointed as the lead engineer on the Dubai Light Rail project.
• Dubai’s Emirates Airlines signed a joint venture agreement with UK’s
Whitbread to launch the Premier Travel Inn brand in Dubai and the GCC.
• The Abu Dhabi Planning & Economy Department created a Dhs.1,000 million fund to invest in the development of specialized industrial zones in the country.
• Istithmar, a dubai government investment company created a wholly
owned subsidiary, Istithmar Hotels, to handle its hospitality and leisure sector investments.
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UAE Construction Industry in 2006 Compiled in March 2007
• Tatweer, part of Dubai holding unveiled plans of the massive real estate
scheme – the US$27.2 billion Bawadi project.
• Abu Dhabi Terminals Company has been formed by Abu Dhabi Ports Company in co-operation with Dubai’s DP World to operate Mina Zayed.
• Abu Dhabi’s Tourism Development & Investment Company (TDIC) signed
an agreement with Al Masaood Group to redevelop Abu Dhabi’s Tourist Club area.
• The local-Brazil joint venture of Al Jaber Group with Odebrecht bagged the
estimated US$275 million contract for the construction of new runway at Abu Dhabi International Airport.
• Emirates Sunland Group signed joint venture agreement with Arabtec
Construction for the development of US$400 million Palazzo Versace Resort and D1 Tower.
• Abu Dhabi’s General Holding Corporation announced the signing of a heads
of agreement with Comalco Aluminium to proceed with a detailed feasibility study for the development of an aluminium smelter in Abu Dhabi.
Quarter 3
• Dubai World was launched formally on 2nd July 2006. • The Ras Al Khaimah Investment Authority has signed a memorandum of
understanding with Shanghai based PDSI Development Group and Genlon to establish a joint venture that will develop tourism and real estate projects in the emirate.
• Hyundai Engineering & Construction bagged two contracts totaling US$202
million for the stage 1, upland facilities on the new container terminal project in Jebel Ali.
• Key project agreements were signed on the Fujairah independent water
and power project (IWPP) between ADWEA and Sembcorp Utilities.
• Siemens-ETA consortium was awarded the US$450 million turnkey contract to carry out the phase-3 development of Al Aweer H station.
• Tatweer (part of Dubai Holding) launched the estimated US$1,089 million
phase 2 development of Dubai Healthcare City.
• China State Construction Engineering Corporation was chosen as the main contractor by Dubai Properties for the estimated US$272 million Mirdif Villas project.
• Snasco announced plans to develop US$408 million Sharjah Investment
Park.
• Jan De Nul was awarded the reclamation works contract for Dubai Waterfront.
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UAE Construction Industry in 2006 Compiled in March 2007
• Abu Dhabi’s Tourism Development & Investment Company signed a memorandum of understanding with Guggenheim Foundation (New York) to build a museum in Saadiyat Island.
• Arabtec Construction won the main construction contract on the US$571
million Tiara Residence scheme.
• Emaar Properties and US’ Turner Construction International formed a new entity – Turner International Middle East to offer project management services to clients in MENA region.
• Ras Al Khaimah Ceramics announced signing of a joint venture agreement
with Kludi Group (Germany) to manufacture bathroom and kitchen fittings in the emirate.
• ConocoPhillips (US) announced signing of a heads of agreement with
International Petroleum Investment Company (IPIC) to carry out a feasibility study for the construction of a refinery in Fujairah.
• Dubai’s RTA has awarded the US$1,112 million contract for the phase 2
works on the Dubai Metro scheme to Dubai Rapid Link consortium.
• Dubai government confirmed that companies based in Jumeirah Lake Towers will be given free zone status.
• Al Qudra Holding and Al Malik Group established a company called Q Car
Park to build and maintain car parks in the gulf region.
• Dubai government announced the take over of operation of four offshore fields – Fateh, Southwest Fateh, Falah and Rashid.
• Civilco bagged the US$204 million construction contract for Al Wahda
Sports & Cultural Club project in Abu Dhabi.
• Petrofac International announced was awarded a contract to provide production and well management services covering the offshore oil and gas fields in Dubai.
• Indago Petroluem (UK) signed a new petroleum concession agreement
with Ras Al Khaimah government for exploration and production of the offshore Saleh field.
• Rakeen Development, a new real estate venture was established by the
government of Ras Al Khaimah to develop real estate projects in the emirate.
• The government of Ras Al Khaimah announces plans to construct a
12,000sq.m theme park in the emirate costing US$231 million.
• Shimizu Corporation (Japan) was awarded the estimated US$544 million main construction contract of Marina Residences and Townhouses project on the Jumeirah Palm Island.
• Dubai Multi-Commodities Centre and Technopark announced plans to
construct an estimated US$1,000 million LNG storage and trading facility in Dubai.
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UAE Construction Industry in 2006 Compiled in March 2007
• Bonyan International signed an agreement with BPL Engineering & Construction (Singapore) to provide project management services across the region.
• Bechtel was awarded the programme management services contract for
the Khalifa Port and Industrial Zone project by Abu Dhabi Ports Company.
• Nakheel Corporation announced the multi-billion dollar Jumeirah Park project.
• Al Habtoor-Murray & Roberts received a letter of award for the estimated
US$220 million Etihad Airways terminal package at Abu Dhabi International Airport.
• Umm al-Quwain government and Al Rajhi Group (Saudi Arabia) jointly
established a new company to specialize in producing, delivering and distributing water throughout the emirate and in the country.
• Al Naboodah Engineering Services was awarded the estimated US$218
million infrastructure contract covering the Dubai Business Bay.
• Hyundai Heavy Industries bagged the estimated US$1,600 million EPC contract for the Umm Shaif Gas Injection Project in Abu Dhabi.
• ADWEA launched its 7th independent water and power project (IWPP) in
Fujairah.
• Palm Water was awarded the US$272 million design-build-own-operate contract for the International City sewage treatment plant.
• Istithmar together with AIG Global Real Estate (New York) launched a new
company to invest in real estate assets across the region. Quarter 4
• Abu Dhabi Polymers Company (Borouge) announced plans for further expansion of its Ruwais petrochemicals complex.
• Nakheel announced its fifth island project in Dubai.
• Bechtel was appointed as the consultant while Fichtner took the power
generation element for the proposed Ruwais aluminium smelter project.
• Arabian Construction Company was awarded the US$545 million Etihad Towers main construction contract in Abu Dhabi.
• Palm Water was awarded the US$550 million design, build, own and
operate water and wastewater plants by Jebel Ali Free Zone Authority.
• Jan De Nul (Belgium) was awarded the US$220 million Saadiyat Island dredging and reclamation contract.
• Al Qudra Holding joined hands with Qatar Industrial Manufacturing
Company, Emirates Holding, Dubai Investments and Mohammed Abdulmohsin Kharafi & Sons to launch a new subsidiary – Q Industry to invest in new factories.
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• Saudi Oger bagged the estimated US$408 million main construction
contract on the new UAE University campus development project in Al Ain.
• Fibrex was awarded the estimated US$409 million main construction contract on the Reef villas project in Abu Dhabi.
• Singapore’s Changi Airports International was chosen to operate Abu
Dhabi International Airport by Abu Dhabi Airports Company.
• Aldar Properties formed a joint venture with Laing O’Rourke (UK) primarily for Aldar’s $14,700 million Al Raha Beach scheme, but may be engaged on other Aldar developments as well.
• Sharjah Municipality, JMS Property Development and Tactical Connections
(Canada) formed a US$500 million company to recycle waste in Sharjah.
• Linde won the estimated US$1,300 million cracker EPC package on Borouge’s petrochemical complex expansion scheme.
• Aldar Properties announced Abu Dhabi’s largest real estate project till date – The
US$40,000 million Yas Island Development.
• Abu Dhabi’s Taweelah A1 independent water and power plant extension, to be known as A10 was approved by the executive council.
2. GDP IN 2006 & 2007
The UAE is understood to have recorded the highest real Gross Domestic Product (GDP) growth in 2006 at 10.2%, followed by Qatar at 7.5%, Kuwait at 6.5%, Saudi Arabia at 6.2%, Bahrain at 6.0% and Oman at 5.0%. Qatar is expected to lead the pack in terms of real GDP growth in 2007, rising by 8.6% as the country boosts its natural-gas production by 42%, on top of the 8.9% increase of 2006. The UAE will follow with real growth of 7.2%, Oman of 5.9%, Bahrain of 5.0%, Saudi Arabia of 4.2%, and Kuwait of 4.1%. The lower growth rates projected for 2007 compared to 2006 are mainly due to the slight decline in oil output expected this year and global factors that will result in a slight slowdown for foreign direct investment (FDI) and economic growth globally, according to WTO and UNCTAD.
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UAE Construction Industry in 2006 Compiled in March 2007
3. MAJOR PROJECTS AWARDED TO CONTRACTORS IN 2006 The major projects awarded to contractors in the year 2006 are listed below: No Project Title Emirate Contractor Value US$
Million
1 6 Residential Buildings on Dubai-Sharjah Road
Dubai Al Habtoor Engineering 165
2 Park Lane Apartments in Dubai International Financial Centre
Dubai Bouygues/Target Engineering
275
3 7 storey Building in Dubai Marina
Dubai Zarah Al Safa Contracting
na
4 Quay Walls at Mina Saqr Ras Al Khaimah
China Harbour na
5 Design and Accomplishment of Roads (Grp.1)
Northern Emirates
Saif Bin Darwish na
6 Dubai Sports City-Infrastructure Package
Dubai Wade Adams 106
7 Blending Plant in Sharjah Sharjah Al Nemr Civil Engineering
Na
8 Steel Plant in Mussafah Abu Dhabi Danieli & Co. 550 9 Cement Plant in Ras Al
Khaimah Ras Al Khaimah
FL Smidth
120
10 Development of Al Ain Equestrian & Shooting Club
Abu Dhabi Dripco
12
11 Labour Housing Units in Umm Al Quwain
Umm Al Quwain
Al Arrab 27
12 Residential Building near Lamcy Plaza
Dubai Al Arif Contracting 3
13 Residential Towers in Al Barsha
Dubai Youssef & Aman Contracting
14
14 Gold Crest Views II in Jumeirah Lake Towers
Dubai Al Meraikhi 68
15 Bank Branch & IT Development Office Building
Dubai Eastern Contracting 19
16 Residential Building in Al Barsha
Dubai Al Shafar Transport & Contracting
Na
17 London Crown Tower in Al Mankhool
Dubai Al Shafar Transport & Contracting
na
18 23 Storey Tower in Fujairah
Fujairah Skynet Contracting Co. na
19 Dorra Bay in Dubai Marina Dubai Construction & Reconstruction Co.
Na
20 Liwa Heights in Jumeirah Lake Towers
Dubai Dhafir Development 48
21 Al Aweer Sewage Treatment Plant Expansion
Dubai Leader Group/Mass Artima
50
22 Design and Accomplishment of Roads (Grp.2)
Northern Emirates
Darwish Engineering na
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23 Gold Crest Executive in Jumeirah Lake Towers
Dubai Ascon 60
24 Diamond Factory in Ras al Khaimah
Ras Al Khaimah
Mushrif Trading & Co. 10
25 Stargate Edutainment at Za'abeel Park
Dubai Engineering Contracting Co.
Na
26 The Golden Mile on Jumeirah Palm Island
Dubai Al Shafar General Contracting
400
27 Dubai Industrial City in Emirates Road – Infrastructure Pack
Dubai Ghantoot Transport 14
28 Mirdif Private School in Al Mizhar
Dubai Al Awtan Contracting 3
29 City Hospital in Dubai Health Care City
Dubai Al Ahmadiah Aktor 82
30 Abu Dhabi Industrial City II – Phase 1 Extension
Abu Dhabi Al Jaber Establishment 135
31 New Residential Area Near Khalifa City
Abu Dhabi Pivot /Al Ghafly 135
32 Warehouse and Office Building in Dubai Investments Park
Dubai Amana Steel Building 30
33 Mixed-Development at the Mohammed Bin Zayed City on Abu Dhabi - Al Ain Road
Abu Dhabi Al Faraa General Contracting
na
34 10 Residential Bldgs. in Mohammed Bin Zayed City
Abu Dhabi Seidco na
35 6 Residential Bldgs. in Mohammed Bin Zayed City
Abu Dhabi Seidco na
36 Al Falah Tower in Al Falah Street, Abu Dhabi
Abu Dhabi Al Faraa General Contracting
14
37 Ritz Plaza in International City
Dubai Engineering Contracting Co.
na
38 6-Storey Building in Al Barsha
Dubai Pivot Engineering & Contracting Co.
17
39 Good Impex Tower in Jumeirah Lake Towers
Dubai Test Contracting na
40 Al Zahra Hospital in Al Barsha
Dubai Best Contracting na
41 Bonnington Tower in Jumeirah Lake Towers
Dubai Dubai Contracting Company
64
42 30 Storey Building in Al Majaz
Sharjah Sharjah Tower General Contracting
na
43 5 Star Hotel in Jumeirah Beach Residence
Dubai Al Ahmadiah Contracting
na
44 D.E.C Towers in Dubai Marina
Dubai Strabag 82
45 Abbco Tower in Al Nahda, Sharjah
Ali Moosa & Sons Contracting
na
46 Sulafa Tower in Dubai Marina
Dubai Tepe Akfen Ventures 100
47 Residential Building in Al Rigga
Dubai Union Contracting na
48 Mixed Use Building on Al Wahda Road
Sharjah Al Zamalek General Contracting
na
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49 Building for the India Social and Cultural Center
Abu Dhabi Arabian Contracting Achievement
8
50 Fujairah IWPP Fujairah Sembcorp 1,362 51 Taweelah Power Station-
Sweihan OHTL Abu Dhabi Larsen & Toubro 32
52 New Power Plant for Jebel Ali Smelter
Dubai Alstom 240
53 Marina at Misnoah Island Abu Dhabi Ghantoot Contracting na 54 New Garhoud Bridge Dubai Belhasa Six Construct 113 55 Dubai Bypass Widening
Project Dubai Al Naboodah
Contracting na
56 New Cement Factory in Fujairah
Fujairah Sinoma International 477
57 Dubai Investments Park – Phase 5 Infrastructure
Dubai Khansaheb Civil Engineering
na
58 Golf Towers - Phase 3 in Emirates Hills
Dubai CSHK Dubai Contracting
127
59 Dubai World Trade Center Complex – Pack 1
Dubai Khansaheb Civil Engineering
38
60 544 Villas in Al Warqah, Dubai
Dubai Arabtec 157
61 Burj Views Project Dubai Saudi Binladin na 62 Luxury Hotel in Jumeirah
Beach Residence Dubai Al Habtoor Engineering 41
63 Al Noor Hospital in Airport Road
Abu Dhabi Dhafir Development/ Bin Harmel Contracting
33
64 Supreme Residency II in Dubai Marina
Dubai Metropol Gulf na
65 Bayside Residence in Dubai Marina
Dubai United Engineering Construction
na
66 21 Storey Building in Khalidiya, Abu Dhabi
Dhafir Development 65
67 Le Solarium at Dubai Silicon Oasis
Dubai Sun Engineering 41
68 Dubai Marina Mall Dubai Al Jaber Grinaker LTA 387 69 Madison Tower at Tecom Dubai Emirates MAN na 70 Citadel Tower at Business
Bay Dubai Al Shafar General
Contracting 35
71 New Office Building in Airport Road, Abu Dhabi
Abu Dhabi Al Ghafly na
72 Al Jazeera Sports Club in Al Wathba
Abu Dhabi Asqalan Construction 4
73 Al Jazeera Sports Club in Al Bahia
Abu Dhabi Asqalan Construction 4
74 8 & Global in Al Barsha Dubai Sunjin C & A 8 75 Jumeirah Business Center
3 & 4 in Jumeirah Lake Towers
Dubai Al Ahmadiah Contracting
134
76 Lake Side Residence at Jumeirah Lake Towers
Dubai Al Liwan Contracting 63
77 33/11kV Substation Building in Fujairah
Techton Engineering na
78 400-kV GIS Substation at Qidfa
Fujairah Toshiba 82
79 132kV Substations at the City of Arabia, Dubailand
Dubai Siemens na
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80 Dubai - Fujairah Road Dubai Al Muhairy/ National Wheel
222
81 The Villa Project-Infrastructure Package
Dubai Wade Adams 30
82 Improvement of 4 Junctions in Deira
Dubai Emirates Road Contracting
20
83 Extensive Paving Work in Jumeirah 2 Area
Dubai Emirates Road Contracting
20
84 Improvement of Al Qudrah Road
Dubai Wade Adams 18
85 Internal Roads and Infrastructure for Dubai City Project
Dubai Khansaheb Civil Engineering
15
86 Al Emara in Ajman
Ajman Dewan Development na
87 Water Pipeline Between Taweelah & Umm Al Nar
Abu Dhabi Mokhtar Ibrahim 207
88 Fairmont Palm Residence in Jumeirah Palm Island
Dubai Dubai Contracting Company
200
89 Marina Quays at Dubai Marina
Dubai Dubai Civil Engineering 107
90 New Warehouses in RAK Trade Free Zone
Ras Al Khaimah
Construction Technology Contracting
-/-
91 Chamber of Commerce & Industry Building in Fujairah
Fujairah East Coast Contracting 6
92 Reef Tower on Sheikh Zayed Road
Dubai Emirates Belbadi 35
93 Serviced Apartment Building on Bin Salahudin Road
Dubai Ascon 23
94 Commercial Building on Bin Salahudin Road
Dubai Ascon 12
95 14 Storey Office Building in Tecom
Dubai Bu Haleeba Contracting 22
96 Residential Building in Dubai Silicon Oasis
Dubai Gulf Spring Contracting Co.
33
97 Marine Works at Layyah Power Station
Sharjah China Harbour na
98 Al Sofouh District Road Improvement-Packs 1 & 2
Dubai Wade Adams 57
99 Sewerage Treatment Plant at the Dubai Maritime City
Dubai Turner Construction na
100 Bridge at Wimpy Al Futtaim Interchange
Dubai Wade Adams 16
101 Upgrade and Modification of EGDS
Abu Dhabi CCC / Punj Lloyd 134
102 Al Ain Industrial Park – Infrastructure Contract
Abu Dhabi Al Jaber 34
103 Palazzo Versace Resort in Culture Village
Dubai Arabtec 400
105 Abu Dhabi Airport Runway Package
Abu Dhabi Al Jaber / Odebrecht 275
106 Accomodation Scheme in Al Qouz Area
Dubai Dubai Civil Engineering /Ginco
500
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107 Mixed-Use Development at the DSC, Dubailand
Dubai United Engineering Construction/Intermass
123
108 Emirates Identity Authority Buildings in Northern Emirates
Northern Emirates
Maclean Construction 10
109 Khalidiya Rotana Hotel and Residences in Abu Dhabi Corniche
Abu Dhabi Nurol Group 204
110 Fortune Executive in Jumeirah Lake Towers
Dubai IJM Corporation Berhad 35
111 Lake Shore Tower 1 in Jumeirah Lake Towers
Dubai Pivot Engineering & Contracting Co.
na
112 Nikko Tower Hotel on Sheikh Zayed Road
Dubai Ghassan Ahmed Al Khalid/Kele Construction
123
113 Ajman Medical Clinic Ajman Nile Building Contracting
na
114 Hotel Tower in Business Bay
Dubai Al Habtoor Engineering 54
115 Dunes Residence in Dubai Sports City
Dubai Shinsung Corporation 100
116 Expansion of Station H in Al Aweer- Phase III
Dubai Siemens 465
117 City of Arabia in Dubailand - Infrastructure Works
Dubai Kier Dubai/Leighton Gulf
64
118 Lagoons Infrastructure Package
Dubai Wade Adams 34
119 Jumeirah Village North (JV1) in Jumeirah - Infrastructure Pack
Dubai Nurol 83
120 Al Raha Gardens 1 - Pack 2 in Al Raha Beach
Abu Dhabi Al Jaber na
121 Dubai Lagoon Project in Emirates Road
Dubai Gulf Stream Contracting / UNIMA
817
122 Mirdiff Gate in Mirdif, Dubai
Dubai China State Construction & Engineering
327
123 Aviation Residential Complex in Khalifa City
Abu Dhabi Emirates Building na
124 Ruwais Housing Complex - Phase 3
Abu Dhabi Pivot Engineering & Contracting Co.
61
125 Building for Charitable Foundation in Airport Road
Abu Dhabi Ali & Sons Contracting 10
126 B2B Tower in Business Bay
Dubai Al Rostamani-Pegel na
127 Mixed Use Complex at Dubai International Financial Centre
Dubai Peremba Construction 109
128 Churchill Executive Towers at Business Bay
Dubai Dubai Oger 187
129 Julphar Towers in Ras Al Khaimah
Ras Al Khaimah
Al Hamad Contracting 116
130 4-Storey Building in Defence Street, Abu Dhabi
Abu Dhabi National Transport & Contracting Co.
na
131 Sharjah Tower in Al Khan Lagoon
Sharjah Sun Engineering 61
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132 Residential Tower on Sheikh Zayed Road
Dubai Al Shafar General Contracting
95
133 Commercial Building in Tourist Club Area, Abu Dhabi
Seidco 16
134 Omnix South & Omnix North Towers at the Dubai Pearl
Dubai Dubai Contracting Company
136
135 Two 60-Storey Towers on Sheikh Zayed Road
Dubai Arabtec 220
136 Chamber of Commerce Building in Dubai
Dubai Emirates Contracting Co.
na
137 Mixed-Use Building in Al Nahda 1
Sharjah Al Oroba Contracting 31
138 Quay Wall at Fujairah Port Fujairah Athena Construction na 139 Sewerage Network For
Dubai Dubai Arabtec 18
140 Upgrade of Arabian Ranches Roundabout
Dubai Taisei Corporation 112
141 Qatar Consulate and Consul Residence
Dubai Golden Wing Contracting
na
142 Liberty House in Dubai International Financial Centre
Dubai Ascon 82
143 The Crescent in International Media Production Zone
Dubai Intermass Engineering & Contracting
67
144 Park Island in Dubai Marina
Dubai Dubai Civil Engineering 177
145 3 Luxury Villas in Abu Dhabi
Abu Dhabi Five Star Contracting na
146 Lamcy Mall in Mirdif, Dubai Dubai Al Naboodah Contracting
na
147 Tiara Residence and Anantara Resort in Jumeirah Palm Island
Dubai Arabtec 572
148 Rufi Twin Towers at Dubai Sports City
Dubai Al Hudaiba Contracting 110
149 Latifa Tower on Sheikh Zayed Road
Dubai Al Rostamani-Pegel 136
150 Two 45-Storey Towers on Marina Square in Reem Island
Abu Dhabi Covec 117
151 El Matador Tower in Jumeirah Village
Dubai Al Rostamani-Pegel 54
152 Dubai - Fujairah Road - Contract 1
Dubai National Wheel J & P 86
153 Sharjah STP Expansion - Phase 7
Sharjah Six Construct/Sanotec 86
154 Interchange 5.5
Dubai Dutco Balfour Beatty 153
155 Jumeirah Village ( South) (JV3) – Infrastructure Contract
Dubai Dodsal 177
156 Cultural Village Infrastructure
Dubai Belhasa Six Construct 82
Ventures Middle East LLC 16
UAE Construction Industry in 2006 Compiled in March 2007
157 Filtration Systems Upgrade of 3 LNG Trains
Abu Dhabi VECO 15
158 Salt Factory in Abu Dhabi Abu Dhabi Amana Steel Building 22 159 District Cooling Plant
Complex at Jumeirah Palm Island - Trunk
Dubai Shinryo Corporation 52
160 Al Wahda City 1 in Muroor Road, Abu Dhabi
Abu Dhabi Civilco 204
161 Marina Residences on Jumeirah Palm Island
Dubai Shimizu Corporation 544
162 Ozone Centre in Mussafah Road, Abu Dhabi
Abu Dhabi National Projects & Construction
27
163 Alareifi Marina Tower in Dubai Marina
Dubai Buset Contracting 68
164 Swiss Tower at Jumeirah Lake Towers
Dubai IJM Corporation Berhad 68
165 Holiday Inn Express at the Knowledge Village
Dubai General Construction Company
19
166 Expansion of Onshore Bunkering & Oil Products Terminal in Fujairah
Fujairah Cylingas na
167 International City - Phase 3 - Infrastructure
Dubai GMT Consortium 70
168 Development of Khalifa Street in Ajman
Ajman Darwish Engineering Emirates
Na
169 OAG Network-Pack 3 - Ras Al Qila to Habshan Pipeline
Abu Dhabi CCC/NPCC 400
170 Solid Waste Management Plant in Abu Dhabi
Abu Dhabi EUCH/Aqua Q 272
171 Abu Dhabi Airport Expansion - Etihad Passenger Terminal
Abu Dhabi Al Habtoor-Murray & Roberts
918
172 Residential Development on Marina Square-Zone A
Abu Dhabi National Projects & Construction
na
173 Residential Development on Marina Square-Zone C
Abu Dhabi IJM Corporation Berhad 545
174 940 Villas in Mohammed Bin Rashid Housing
Dubai Arabtec 307
175 Gateway Towers in Jumeirah
Dubai Taisei Corporation na
176 Baker Hughes Center in Techno Park
Dubai Khansaheb Civil Engineering
35
177 Etihad Towers in Abu Dhabi
Abu Dhabi Arabian Construction Company
408
178 324 Villas in Arabian Ranches
Dubai Arabtec 105
179 Jumeirah Wave Business Towers in Jumeirah Village
Dubai Ali Moosa & Sons Contracting
272
180 Orra Marina in Dubai Marina
Dubai Shinsung Corporation na
181 Ministry of Health Building in Al Muhaisna, Dubai
Dubai United Engineering Construction
12
182 Princess Tower in Dubai Marina
Dubai Arabian Construction Company
188
183 Casa Del Mar in Dubai Marina
Dubai Al Basti & Muktha na
Ventures Middle East LLC 17
UAE Construction Industry in 2006 Compiled in March 2007
184 Executive Heights at Tecom
Dubai Target Engineering 46
185 One Business Bay Project Dubai Emirates Belbadi 138 185 7-Storey Residential
Building in Muthina, Dubai Dubai Ascon na
186 Sheikh Zayed Centre (Air Navigations Services)
Abu Dhabi Athena Construction 27
187 Cargo Terminal Building at Jebel Ali Airport City
Dubai Arabtec / Max Boegl 74
188 Residential Building in Al Barsha
Dubai Bu Haleeba Contracting 41
189 Al Habtoor Marina Tower in Dubai Marina
Dubai Al Habtoor Engineering na
190 New Oasis Shopping Center in Dubai
Dubai Al Basti & Muktha 87
191 132kV Cable Laying Works
Dubai ETA/Centaur na
192 Lagoons Quay Wall Package
Dubai Dutco Balfour Beatty 41
193 Seawall works on Al Raha Beach
Abu Dhabi NSCC/Bachy Solbntanche
na
194 University Town in Al Ain - Infrastructure
Abu Dhabi Al Salmeen 17
195 Jumeirah’s Mina Area Beautification
Dubai Al Muhairy General Contracting
25
196 Al Sofouh District Road Improvement – Pack 4 & 5
Dubai Wade Adams 60
197 Gas Pipeline From Habshan to Bu Hasa
Abu Dhabi CCC/NPCC 40
198 Jumeirah Golf Estates Dubai Khansaheb Civil Engineering
37
199 Uptown MotorCity, Dubailand
Dubai Al Futtaim Carillion 376
200 Auto Mall in Dubai Motor City, Dubailand
Dubai Nasa Multiplex 256
201 Dubai Lagoon Project in Emirates Road
Dubai Gulf Stream Contracting/Unima
817
202 910 Villas in Victory Heights, Dubailand
Dubai Frayland LLC/Wiemer & Trachte
na
203 Bay Central in Dubai Marina
Dubai Al Hamad Contracting na
204 Transworld FZE Warehouse Extension
Dubai Amana Steel Building na
205 Al Durrah Tower in Sheikh Zayed Road
Dubai Dubai Contracting Company
157
206 Tiffany Tower in Jumeirah Lake Towers
Dubai Al Rostamani-Pegel na
207 Bay Gate in Business Bay Dubai Al Nekhreh Contracting 164 208 Vision Tower in Business
Bay Dubai Al Shafar General
Contracting 109
210 New Island in Dubai Dubai Jan de Nul 136 211 Internal Roads in
Muhaisnah and Mizhar Dubai Al Muhairy General
Contracting 47
212 Floating Bridge in Dubai Dubai Waagner Biro Gulf 42 213 Cleveland Bridge New
Factory in Jebel Ali Dubai FNC 27
Ventures Middle East LLC 18
UAE Construction Industry in 2006 Compiled in March 2007
214 Al Ghurair Steel Complex in ICAD, Mussafah
Abu Dhabi Al Hussam 82
215 District Cooling Plant in Dubai Healthcare City
Dubai Transgulf 60
216 Borouge Complex Expansion - Phase 3: Ethane Cracker
Abu Dhabi Linde 1,100
217 30-Km Gas Pipeline in Sharjah
Sharjah Dutco McConnell Dowell
183
218 Upgrade of Dubal's Smelter Complex
Dubai ABB Industries 39
219 42 Villas in the Lime Tree Project
Dubai Frayland LLC/Wiemer & Trachte
47
220 Cedars Int'l Hospital Expansion in Jebel Ali
Dubai Al Shate na
221 Khalifa Hospital Expansion in Ajman
Ajman Arab Contractors 11
222 Green MotorCity in Green Community
Dubai El Seif Engineering na
223 Infinity Tower at the Dubai Marina
Dubai Arabtec 191
224 Police Station in Masafi, Fujairah
Fujairah Al Tawakul Contracting na
225 9-Storey Commercial Building in Oud Metha
Dubai Belhasa 102
226 The Dunes in Dubai Silicon Oasis
Dubai Larsen & Toubro 35
227 Civil Defence Building in Ras Al Khaimah
Ras Al Khaimah
Al Rayyan Contracting na
228 Police Station in Fujairah Al Rayyan Contracting na 229 Symphony Tower III Dubai Sunjin C & A na 230 15-Storey Mixed-Use
Building in Dubai Dubai Khansaheb Civil
Engineering na
231 The Apricot at the Dubai Silicon Oasis
Dubai Larsen & Toubro 62
232 Replacement of 220kV OHL with 220kV Underground Cables
Abu Dhabi ETA Ascon 88
233 Saadiyat Island Crossing Bridge
Abu Dhabi Ed Zueblin/Saif Bin Darwish
164
234 University Town in Al Ain Abu Dhabi Saudi Oger 400 235 Reef Villas in Abu Dhabi Abu Dhabi Fibrex 409 236 Al Aryam Tower in Abu
Dhabi Abu Dhabi Commodore
Contracting 109
237 O14 Tower in Business Bay
Dubai Dubai Contracting Company
82
238 400/132kV Substation at Gardens, Dubai
Dubai Mitsubishi Electric Corp./NCC/Jyothi Structures Ltd.
na
239 Three 132/11kV Substations in Dubai Sports City
Dubai Siemens/Electrowatt Ekono Ltd.
52
240 Extension of Taweelah A1 IWPP (A10)
Abu Dhabi Doosan Heavy Industries
185
241 Saadiyat Island - Dredging Package
Abu Dhabi Jan de Nul na
Ventures Middle East LLC 19
UAE Construction Industry in 2006 Compiled in March 2007
242 Wasit Road Interchanges Sharjah National Contracting & Transportation Company (NCTC)
54
243 Infrastructure Works on Tijara Town in Dubailand
Dubai Wade Adams na
244 Jumeirah Al Khor Hotel at Dubai Healthcare City
Dubai Al Basti & Muktha
234
245 IT Plaza at Dubai Silicon Oasis
Dubai Sobha Contracting 33
246 Dubai Bypass Widening Project
Dubai Al Naboodah Contracting/Yuksel
na
247 King Abdul Aziz Road Development in Sharjah
Sharjah Sharjah Generat Contracting / NCTC
114
248 Jebel Ali Free Zone - Infrastructure Package
Dubai Ghantoot Contracting 38
249 Upgrade of Al Wahda Road - Phase 5
Sharjah Sharjah General Contracting
87
250 Rebuilding of Bridge No.1 on Sheikh Zayed Road
Dubai Salini Costruttori
168
251 Ras Al Khor Crossing - Pack 6
Dubai Salini Costruttori
na
252 3-Lane Dual Carraigeway in Al Raha Gardens
Abu Dhabi Abu Dhabi General Transport Co.
19
Ventures Middle East LLC 20
UAE Construction Industry in 2006 Compiled in March 2007
4. TOP CONTRACTORS IN 2006 The contractors who top the chart in the year 2006 are listed below. Please note the contractors are listed in the alphabetic order and not according to the value of projects awarded to them. No. Company Name 1 Al Ahmadiah Contracting 2 Al Basti & Muktha 3 Al Futtaim Carillion 4 Al Habtoor Engineering 5 Al Hamad Contracting Company (DCE) 6 Al Jaber Establishment 7 Al Jaber Grinaker LTA 8 Al Naboodah Contracting 9 Al Rostamani – Pegel 10 Al Shafar General Contracting 11 Alstom 12 Arabian Construction Company 13 Arabtec Construction 14 Ascon 15 China State Construction & Engineering 16 Civilco 17 Consolidated Contractors International Company (CCC) 18 CSHK Dubai Contracting 19 Danieli & Co. 20 Dodsal 21 Doosan Heavy Industries 22 Dubai Contracting Company 23 Dutco Balfour Beatty 24 Dutco McConnell Dowell 25 Emirates Belbadi 26 Frayland LLC/Wiemer & Trachte 27 Gulf Stream Contracting/Unima 28 IJM Corporation Berhad 29 Jan de Nul 30 Khansaheb Civil Engineering 31 Larsen & Toubro 32 Linde 33 Nasa Multiplex 34 Nurol Group 35 Pivot Engineering & Contracting Co. 36 Salini Costruttori 37 Saudi Oger 38 Shimizu Corporation 39 Six Construct 40 Sunjin C & A 41 Taisei Corporation 42 United Engineering Construction 43 Wade Adams
Ventures Middle East LLC 21
UAE Construction Industry in 2006 Compiled in March 2007
5. TOP CONSULTANTS IN 2006 The consultants who top the chart in the year 2006 are listed below. Please note the consultants are listed in the alphabetic order and not according to the value of projects awarded to them. No. Company Name 1 Adnan Saffarini 2 Aedas 3 Arc International Engineering Consultants 4 Arch Group 5 Arif & Bintoak 6 Cansult 7 Cox Group 8 Dar Al Handasah 9 Dar Consult 10 Dewan Al Emara 11 Dewan Architects & Engineers 12 Dimensions Engineering 13 Foster & Partners 14 Gensler 15 Halcrow International 16 KEO International 17 Khatib & Alami 18 Kling Consult 19 National Engineering Bureau 20 Norr Group 21 Office for Metropolitan Architecture 22 P & T Architects 23 Parsons De Leuw Cather 24 R.W. Armstrong & Associates 25 RMJM 26 Surbana International Consultants 27 W. S. Atkins 28 Wimberly Allison Tong & Goo (WAT&G) 29 Woods Bagot 30 Zaha Hadid
Ventures Middle East LLC 22
UAE Construction Industry in 2006 Compiled in March 2007
6. TOP DEVELOPERS IN 2006 The developers who top the chart in the year 2006 are listed below. Please note the developers are listed in the alphabetic order and not according to the value of projects announced by them. No. Company Name 1 Abu Dhabi National Exhibition Centre (ADNEC) 2 Abu Dhabi Towers 3 Abyaar Real Estate 4 Al Aqariya Media 5 Al Habtoor Group 6 Al Manal Development 7 Al Mazaya Real Estate 8 Al Murjan Real Estate 9 Al Nahda Real Estate 10 Al Qudra Real Estate 11 Al Shurfa Real Estate 12 Aldar Properties 13 Aqaar 14 Capital Investment 15 Damac Properties 16 Deyaar 17 Dheeraj and East Coast LLC 18 Dubai Aerospace Enterprise 19 Dubai International Real Estate Company (DIREC) 20 Dubai Properties 21 Dubai World Trade Centre 22 Emirates German Group 23 ETA Star Properties 24 Eye of Dubai Investment Co. (EDIC) 25 First Gulf Bank 26 Fortune Investment Group 27 Galadari Investments 28 Global Entertainment 29 High Rise Real Estate 30 Hydra Real Estate 31 International Financial Advisors (IFA) 32 Ishraqh/Ta’sees/Makaseb 33 Istithmar 34 Jebel Ali Free Zone Authority 35 Khoie Properties 36 Khor Abu Dhabi Property Development 37 Limitless
Ventures Middle East LLC 23
UAE Construction Industry in 2006 Compiled in March 2007
38 Manazel Real Estate 39 Mizin 40 Nakheel Corporation 41 Pearl Properties 42 Perseus Property 43 Plantation Holdings 44 R Holdings 45 RAK Properties 46 Rakeen Development 47 Reem Investments 48 Sama Dubai 49 SG Holdings 50 Sheffield Real Estate 51 SNASCO 52 Sorouh Real Estate 53 Space Adventures 54 Tamouh Investments 55 Tatweer 56 Tourism Development and Investment Co. (TDIC) 57 Zabeel Investments
Ventures Middle East LLC 24
UAE Construction Industry in 2006 Compiled in March 2007
7. CONTRACTOR AWARDS IN 2006 The following chart represents the sector wise break-up of construction contract awards in UAE during the year 2006.
0
5,000
10,000
15,000
20,000
25,000
30,000
Value in US$ Million
Oil & GasPipelineIndustrialBuildingsPower & WaterMarineInfrastructure
Industry Value in US$ Million Oil & Gas 3,168 Pipeline 831 Industrial 3,442 Buildings 29,135 Power & Water 2,975 Marine 981 Infrastructure 3,597
Ventures Middle East LLC 25
UAE Construction Industry in 2006 Compiled in March 2007
8. EXPECTED CONTRACTOR AWARDS IN 2007
The following chart represents the sector wise break-up of expected construction contract awards in UAE during the year 2007.
0
10,000
20,000
30,000
40,000
50,000
60,000
Value in US$ Million
Oil & GasPipelineIndustrialBuildingsPower & WaterMarineInfrastructure
Industry Value in US$ Million Oil & Gas 4,925 Pipeline 1,608 Industrial 4,156 Buildings 51,118 Power & Water 7,377 Marine 2,129 Infrastructure 3,857
Ventures Middle East LLC 26
UAE Construction Industry in 2006 Compiled in March 2007
9. MAJOR PROJECTS ANNOUNCED IN 2006 A host of new projects were announced in the year 2006. The major projects announced during the year 2006 are listed below. Please note that these are only the major projects and not the complete list. No. Project Title Client Value in
US$ Million
1 Production Facilities at Nasr Oilfield
Adma - Opco 2,000
2 Development of Qusahwira & Bida Al-Qemzan Fields
ADCO 1,500
3 Umm Al Lulu Oil Field Development
Zadco 1,500
4 Onshore and offshore Sour Gas Development
ADNOC 10,000
5 Expansion of Ruwais Refinery Takreer 3,500 6 LNG Storage Hub in Techno Park,
Dubai DMCC, Techno Park, LNG Impel 1,000
7 Borouge Complex Expansion - Phase 3: PDH & Phenolics Complex
AUH Polymers Co.
Na 8 Asab Gas Development (AGD)
Modifications Gasco
Na 9 Water Pipeline Between Taweelah
& Umm Al Nar ADWEA
207 10 NGL Pipeline from Asab to Ruwais Gasco Na 11 Upper Zakum - Fujairah Oil
Pipeline IPIC/Conoco Phillips
Na 12 Taweelah-Qidfa Gas Pipeline Dolphin Energy Ltd. Na 13
Steel Plant in Mussafah-Phase 2 General Holding Corporation (GHC) 545
14 Aluminium Smelter in Taweelah Dubal/Mubadala 5,995 15 Rio Tinto Aluminium Plant in Abu
Dhabi GHC/Comalco
2,188 16 Cement Plant in Hamriyah Free
Zone Al Ruya Industries
408 17 PTA & PET Complex in Abu Dhabi
IPIC/CPC
1,000 18 Bee'ah Recycling Plant in Sajaa
Industrial Area Sharjah Municipality
500 19 Dubai Lifestyle City in Dubailand ETA Star Properties 272 20 Ras Al Khaimah Iceberg Project Global Entertainment 300 21 Canal Point at Jumeirah Lake
Towers Istithmar
681 22 Al Wasl City Tower Complex in Al
Wasl, Dubai Eye of Dubai Investment Co. 327
23 Commercial Spaceport in Ras Al Khaimah
RAK DCA/ Space Adventures 266
24 Dubai Auto Zone in Jebel Ali Free Zone
Jebel Ali Free Zone Authority 545
Ventures Middle East LLC 27
UAE Construction Industry in 2006 Compiled in March 2007
25 Fujairah Paradise Golden Riyadh Est. / Escan 800
26 Aviation Hub in Jebel Ali Airport City
Dubai Aerospace Enterprise 14,986
27 Building Material City in Abu Dhabi
Manazel Real Estate 1,100
28 Crown City in Dubai Investments Park
Al Manal Development 816
29 Mudun in Dubailand Dubai Properties Na 30 Danet Abu Dhabi Al Qudra Real Estate 9,260 31 Bawadi in Dubailand Tatweer 27,248 32 Redevelopment of Al Jadaf Dubai Properties Na 33 Culture Village in Garhoud Area Dubai Properties 13,624 34 White Bay in Umm Al Quwain Al Murjan Real Estate 2,180 35 Addax Port in Reem Island Abu Dhabi Towers/First
Gulf Bank 1,770 36 Western City in Dubailand SG Holdings 625 37 Emirates City in Ajman R Holdings 4,087 38 Sharjah Investment Park (SIP) SNASCO 545 39 Marina Residences on Jumeirah
Palm Island Nakheel Corporation
544 40 Guggenheim Abu Dhabi on
Saadiyat Island Tourism Development & Investment Co. Na
41 Dubai Healthcare City (DHCC) 2 Tatweer 1,800 42 Marina Square on Reem Island Tamouh Investments 1,670 43 Etihad Towers in Abu Dhabi H.H. Shk. Suroor Al
Nahyan 681 44 La Hoya Bay Residences on
Marjan Island in RAK Khoie Properties
800 45 Dolphin City Project in Abu Dhabi Emirates German Group 1,700 46 Jumeirah Park Villa Community Nakheel Corporation 1,635 47 Emirates Flag Towers in RAK High Rise Real Estate 1,907 48 Yas Development in Al Habl Al
Abbyad Island Aldar Properties
40,000 49 Capital Center in Abu Dhabi ADNEC 2,170 50 Mixed-use Project at Liwan Al Mazaya Real Estate 681 51 5,000 Residential Units in Al
Shamkha Sorouh Real Estate
Na 52 Majan Mixed-Use Development in
Dubailand Mizin
4,000 53 Arjan Mixed-Use Development in
Dubailand Mizin
899 54 Downtown Project in Jebel Ali Limitless 19,073 55 Sahara City in Sharjah Al Nahda Real Estate 1,090 56 The Palisades in Dubai
Investments Park Pearl Properties
5,450 57 The Plaza Mayor at the Jumeirah
Village Isharaqh/Ta'sees/Makaseb
817 58 Dubai Towers at the Lagoons
Project Sama Dubai
1,800 59 Acacia Avenues in Jumeirah Beach Abyaar Real Estate 550 60 Residential Development in Mina
Al Arab Project RAK Properties
817 61 Saraya Abu Dhabi Project
Sorouh Real Estate
954
Ventures Middle East LLC 28
UAE Construction Industry in 2006 Compiled in March 2007
62 The Kingdom of Sheba Resort on Jumeirah Palm
International Financial Advisors 1,000
63 Rawadat Abu Dhabi Reem Investments 1,498 64 Dubai Exhibition City in the Dubai
World Center Complex Dubai World Trade Centre
2,600 65 RAK Offshore Project in Ras Al
Khaimah Rakeen Development
800 66 Al Tijara Town in Dubailand Dubai Properties 1,635 67 Ajman 1 Development in Ajman Aqaar 763 68 Al Zohra in Ajman Aqaar 681 69 Jewel of the Creek in Port Saeed Dubai International Real
Estate Co. 817 70 Burj Al Alam in Business Bay Fortune Investment Group 1,090 71 Marina 101 in Dubai Marina Sheffield Real Estate 381 72 Tiara United Towers on Sheikh
Zayed Road Zabeel Investments
477 73 100-storey Business Bay Tower Al Habtoor Group 545 74 2,500 MW Co-generation Plant- P
Station in Hassyan DEWA Na
75 Power and Desalination Plant in Lehbab
DEWA Na
76 Desalination Plant in Umm Al Quwain
Imdad 545
77 Fujairah 2 (F2) IWPP ADWEA 10,900 78 Khalifa Port and Industrial Zone in
Abu Dhabi Mubadala/ Abu Dhabi Port Co./HCSEZ
2,180
79 Bulk Handling Port in ICAD 3 Zonescorp 680 80 New Island in Dubai Nakheel Corporation 136 81 Al Shindagha Bridge Dubai Road Transport
Authority 191 82 2 Parallel Roads to Sheikh Zayed
Road Dubai Road Transport Authority 163
83 Sharjah - Fujairah Road Ministry of Public Works 245 84 Interchange 5.5 Dubai Road Transport
Authority 153 85 Bonded Highway in Dubai Dubai Road Transport
Authority Na
86 Saadiyat Highway AD Municipality/TDIC Na 87 Culture Village Monorail System Dubai Properties Na 88 Sewage Treatment Plant at JAFZA Jafza/Palm Water Na 89 Waste Water Plant at JAFZA Jafza/Palm Water Na
END REPORT
Ventures Middle East LLC 29