Abu Dhabi Ports has signed a 30-year concession agreement with Mediterranean Shipping Company (MSC), based in Switzerland, to establish a new container terminal at Khalifa Port. Located 60km east of the city centre, the port is the flagship deepwater port of Abu Dhabi. It was inaugurated in December 2012.
Infrastructure/PPP news in United Arab Emirates
Abu Dhabi Ports has entered into an agreement to acquire a 50% stake in Abu Dhabi Terminals (ADT) from its current shareholders Mubadala Investment Company and infrastructure fund manager Mubadala Infrastructure Partners for an undisclosed sum.
Dubai Electricity and Water Authority (DEWA) has awarded an AED871 million (US$237.07 million) contract for the construction of a desalination plant in Jebel Ali to a joint venture comprising ACCIONA Agua S.A and Belhasa Six Construct (BeSIX). The plant will have capacity to treat 40 million imperial gallons per day (MIGD) and will utilise Sea Water Reverse Osmosis (SWRO) technology.
It has been announced that a consortium led by ACWA Power has submitted the lowest bid on the Umm Al Quwain Independent Water Project (IWP) in the United Arab Emirates. The project involves the development, financing, construction, operation, maintenance and ownership of a greenfield water treatment facility with capacity to treat 45 million imperial gallons per day, together with associated power infrastructure.
The Abu Dhabi Water and Electricity Authority (ADWEA) has issued an RFQ for developing the 200 million gallons per day Taweelah desalination IWP.
The Municipality of Dubai has awarded the build, operate and transfer (BOT) contract and an accompanying 30-year operations and maintenance contract for a waste-to-energy plant, set to be the largest in the world, to a consortium comprising BESIX, Belgium's largest construction company, and Hitachi Zosen Inova, an experienced waste-to-energy developer based in Switzerland. The consortium plans to invest around EUR700 million (US$867.3 million).
The Abu Dhabi City Municipality (ADM) intends to upgrade the streetlights of Abu Dhabi city to a smart LED lighting system in collaboration with the private sector under a PPP model. Accordingly, the Department of Urban Planning and Municipalities has launched a public tender closing on March 19, 2018.
Dubai’s Mohammed bin Rashid (MBR) Stadium could be procured as a PPP after the Emirate’s Department of Finance was reluctant to finance the development.
Abu Dhabi is to hold an induction workshop for companies interested in a planned PPP scheme for a streetlights project.
IL&FS Transportation Networks (ITNL) has announced it has achieved financial close for the development of the Dubai Supreme Court and Automated Car Park facility.
The University of Birmingham will establish a campus in Dubai, within the Dubai International Academic City (DIAC) free-zone.
Asma Capital has agreed to buy a stake in Utico, a private United Arab Emirates utility company of the water business, in a deal worth US$147 million.
DP World and Caisse de dépôt et placement du Québec (CDPQ) have announced the creation of an investment vehicle to invest in ports.
The United Arab Emirates (UAE) has announced that the country is to prepare documentation to govern public-private partnerships (PPPs) by the end of the year.
Atkins, a design, engineering and project management consultancy, has appointed Phil Malem as managing director for its transportation and infrastructure business, Middle East & Africa.
The global law firm Jones Day has announced that Nadim Khan has joined the firm as a partner in the Firm's Projects & Infrastructure Practice. He will be based in Jones Day’s Dubai Office.
Saudi Arabia Ministry of Labor and Social Development is planning to launch a program to develop a social housing PPP program in the kingdom.
Dubai has plans to develop a mega waste-to-energy (WTE) plant in Warsan district two as part of a plan to reduce landfill waste by 75 per cent over the next five years.
According to sources Saudi Arabia is seeking more involvement by the private sector in the nation infrastructure scheme.
Avivo Group, one of the largest healthcare networks in the Gulf Cooperation Council (GCC) with 32 healthcare facilities, has announced a partnership with IDB Infrastructure Fund II, sponsored by the Islamic Development Bank and other institutional investors.