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INFRASTRUCTURAL DEVELOPMENT - INFRASTRUCTURAL DEVELOPMENT

Medium term boom seen in construction sector: study

Posted on 07/05/2001

The future of the UAE's construction sector would be considerably linked to the expansion of the non-oil economy and demand for new construction projects will continue to remain high for the next five years, according to a new study published by the Emirates Industrial Bank (EIB) Journal. The study on the "UAE Construction Sector” states: "Despite reservations by several analysts, the construction industry has continued to expand. Its future would be considerably linked to the expansion of ...  >>MORE

Two multi-story car parks to open in Abu Dhabi on May 1

Posted on 23/04/2001

Work on two-multi storey car parks in Abu Dhabi has been completed and the facilities will be opened to the public on May 1. Located off the New Airport Road near the Madinat Zayed Shopping Centre off Hamdan Street behind the Liwa Centre, the multi-million dirham facilities are part of a plan to set up several multi-storey parking structures in the capital at an estimated cost of Dh450 million. The car park off Hamdan Street will be open 24-hours a day. Charges will be Dh2 for one hour and ...  >>MORE

Fujairah Building posts drop in annual profits

Posted on 23/04/2001

Fujairah Building Industries Co, FBIC, has reported a drop in profits for 2000 to Dh464,219 against Dh3.1 million in 1999. "The main reason behind the drop in profits was the halt in production of the main crusher which stopped in April because of a shortage of rocks to be crushed in its old location,” said Mohammed Obaid bin Majid, Chairman. During this period the company had to buy it requirements of cement and sand from local markets, which led to an increase in the production cost of ...  >>MORE

12 dams to be built on East Coast

Posted on 15/04/2001

Twelve new dams will be built in the East Coast region by the Private Department of President H.H. Sheikh Zayed bin Sultan Al Nahyan, at a cost of Dh 60 million. Work will start as soon as construction of three dams at Safad, Al Thaib and Murbeh are completed late this year. These dams are expected to cost Dh23 million. They are part of a network of ten new dams costing Dh62 million, according to a report in the daily Gulf News. There will be two dams in Wadi Ham, one in the Al Hail area and ...  >>MORE

Dubai’s growth continues with 171 buildings

Posted on 08/04/2001

Dubai's growth is continuing at a rapid pace with 171 new buildings completed during February at a cost of over Dh328 million, according to the latest figures released by the Building and Housing Department of Dubai Municipality. Fifty-nine of the finished buildings were in Deira and 112 in Bur Dubai. They included 113 residential villas, 36 industrial, recreational and service buildings, 19-multi-storied apartment blocks and three hotels. The apartment blocks consist of 302 apartments and 15 ...  >>MORE

Committee has 353 projects worth Dh4.1billion for capital

Posted on 13/03/2001

The Department of Social Services and Commercial Buildings in Abu Dhabi (Khalifa Committee) is currently undertaking 353 projects at a total cost of Dhs4.1billion. According to a departmental report published in the Information Ministry Year Book 2001, the department, to which Abu Dhabi owes much of its landmark urban development, is also engaged in the study of some other 533 new projects. The department, which continues to play a leading role in the development of Abu Dhabi, has ...  >>MORE

UAE construction association seeks to set up federal body

Posted on 18/02/2001

The UAE Contractors Association is seeking the help of the Ministry of Public Works to establish a federal body which will bring together all those who are concerned with construction industry to work out specifications and codes for the industry. According to Rashed Ahmed Rashed, General Manager of the UAE Contractors Association, the group has submitted a proposal to the Ministry which in its turn will ask higher authorities to examine the suggestion. He said the body once created would ...  >>MORE

2,509 licences issued for construction in Sharjah

Posted on 22/01/2001

The annual report for year 2,000 issued by the Department of Technical Affairs at Sharjah Municipality said traditional houses supervised by the department reached 1,493, while 2,509 construction licences were issued for construction of commercial, industrial, residential properties, in addition to schools, petrol stations, telecommunication office, farms and postal establishments in the emirate. Construction licences issued include permission for 668 buildings, 1,427 villas, 53 shops, 36 ...  >>MORE

Twin Towers to feature longest connecting bridge

Posted on 20/01/2001

The Dubai skyline is set to embrace another unique building when construction is completed on the Skywalk Towers. The executive apartment complex will consist of twin 17-storey towers linked at the top by a 74-metre bridge, billed as "the world's longest bridge between two towers". The building, set to open this year, is being built by Union Properties and will be managed by Marriott International. It will be the first luxury apartment complex managed by the hotel group in the Middle East and ...  >>MORE

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