Top 5 Projects in the UAE
The UAE have more than $300 billion of active mega projects covering several sectors. The top 5 projects span transport, retail, leisure, power and petrochemical projects.
The vision set by its leadership primarily drives development in the UAE. Emiratis make up a fraction of the UAE population, essentially made up of expatriates from around the world. Best in class infrastructure enabled billions of investment in real estate, industrial, tourism and services industries.
Over the last two decades, the UAE led the way on mega construction projects globally. Most of these megaprojects are now complete. However, there are still several world-class projects in development.
ABiQ’s top 5 projects in the UAE are:
Once completed, Etihad Rail will operate the 605-kilometre extension that will run from Abu Dhabi via the various ports of Kizad and Jebel Ali to Sharjah and Fujairah. Construction work on phase 2 will complete by the end of 2024.
A joint venture between Itinera and Ghantoot is building the 600 thousand square metre mall in Abu Dhabi. It will have more than 80 food and beverage outlets as well as family entertainment facilities. The current schedule will see the mall opening in 2022.
Six Construct and Ssangyong Engineering & Construction are constructing the megaresort on Dubai’s Jumeirah Palm island. With more than a thousand rooms and serviced apartments, the property will have more than 43 floors and cover 500 metres of prime beachfront.
Developed on an Independent Power Producer basis, this 2 Gigawatt Photovoltaic plant will deliver power to the Emirates Water and Electricity Company. A joint venture between Abu Dhabi National Energy Company, Abu Dhabi Future Energy Company (Masdar), EDF Renewables and Jinko Power will own and operate the plant.
Abu Dhabi Polymers Company is developing the 3.3 million tonnes per annum olefins and aromatics plant near Ruwais in the emirate of Abu Dhabi. Axens Group and TechnipFMC provide the technology. Maire Tecnimont did the front end engineering and design (FEED) work, and WorleyParsons provide the project management services.
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