The annual MEED Arabian World Construction Summit (AWCS) was told this morning that the $1.3bn contract to deliver the marine works component of the first phase of Iraq’s new Grand Fao Port which is now under bid should be confirmed…
Category: AWCS2014
AWCS told ENR plans $11bn 10-year investment programme
The annual Arabian World Construction Summit (AWCS) in Dubai today was told that the Egyptian National Railway (ENR) plans to invest 77bn Egyptian pounds ($11bn) in upgrading its network and operations in the ten years ending July 2023. The investment…
AWCS told that GCC needs a new approach to delivering megaprojects
The annual MEED Arabian World Construction Summit (AWCS) was told today that the GCC needs to develop a new approach to delivering megaprojects and establish institutions that can capture information about them. “Building roads is demanding but not complex,” said co-founder…
AWCS told Jeddah Economy Company investment will be up to SR20bn by 2020
The annual Arabian World Construction Summit (AWCS) was told this morning that first-phase investment in the Jeddah Kingdom Tower and residential and commercial development will be SR18bn-20bn. The project’s first phase is scheduled to be completed 2020, Jeddah Economic Company…
AWCS told more than $30bn infrastructure investment needed in King Abdullah Economic City
The MEED Arabian World Construction summit (AWCS) was told this morning that long-term primary and secondary infrastructure investment in Saudi Arabia’s King Abdullah Economic City (KAEC) will total at least SR125bn ($33bn). The city, which is located between Jeddah and…
AWCS told construction contracts worth $60bn already awarded in the GCC so far in 2014
MEED Insight head Ed James told the annual Arabian World Construction Summit (AWCS) in Dubai this morning that the value of new contract awards in the GCC so far this year had already reached $60bn. The largest market for new…
AWCS told that GCC projects awards could rise by 20 per cent to $178bn in 2014
MEED Insight head Ed James told the annual Arabian World Construction Summit in Dubai this morning that the value of new contract awards in the GCC could rise by 20 per cent to $178bn, a new record for the region’s…
AWCS chairman calls for GCC collaboration in delivering $1tn of megaprojects
The GCC should act now to develop a regional megaproject information and excellence centre to support more than 100 megaprojects with an aggregate value of almost $1n that are due to be delivered in the region by 2025, Arabian World…