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…
Tag: AWCS
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 Egypt seeking to press on with PPP projects
The annual MEED Arabian World Construction Summit (AWCS) in Dubai was told today that Egypt is pressing on with plans for major public-private partnerships (PPPs) and there is evidence that donor and commercial financial support will be available for them.…
AWCS told Kuwait must create new towns outside the metropolitan area
Kuwait has no option but to create new towns outside the existing 810-square kilometre metropolitan area where more than 90 per cent of Kuwait’s present population of 4m now lives, the annual Arabian World Construction Summit (AWCS) in Dubai was…
Bapco wins MEED Quality Award for Projects 2014 supreme prize
Bapco, the Bahrain-based oil refining company, was last night named as the 2014 winner of the annual MEED Quality Award for Projects in the GCC. The company won for its $125m wastewater treatment plant. “This project involves building on a…
AWCS told Kuwait’s population now more than 4m
The MEED Arabian World Construction summit (AWCS) was told this morning that Kuwait’s population is now 4m and that it will significantly greater than 6m in 2030. Head of masterplanning at Kuwait Municipality Saad Muhailbi said that the municipality is…
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…