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Oman Project Announcements Surge 56% Year-on-Year In Q1 2024, Oman announced a staggering USD 6.9 billion in new projects, marking a 56% increase from the previous year! Leading the charge are urban development projects, accounting for 59.4% of the total investment, followed by utilities at 24.6%. This strategic allocation underscores Oman's dedication to enhancing urban infrastructure and essential services, setting the stage for positive economic growth and development. Oman's Vision 2040, launched in July 2021, aims to diversify the economy beyond oil. With USD 53 billion in urban projects, including the massive Sultan Haitham City project near Muscat, and iconic initiatives like the USD 2.4 billion Omani Mountain Destination and USD 1 billion Yiti Sustainable Development, Oman is attracting long-term investors and international tourists, reshaping the nation’s future. Find out the key projects that contribute to this surge in Oman with a free registration on BNC. https://lnkd.in/dYjW9PTD #BNCNetwork #BNCProjectIntelligence #OmanGigaProjects #OmanProjects #OmanVision2040 #MarketIntelligence

#BNCUpdate: Top Consulting Firm Appointed to Oversee Major Metro Development in Egypt Egis Rail, in collaboration with National Authority for Tunnels (NAT) and Engineering Consultants Group (ECG), secured a contract to provide Project Implementation Unit (PIU) Support, Contract Management, and Construction Supervision Consulting services for the Alexandria Metro. Key Features: ☑️ Seamless Connectivity: Integration with existing railway and tram lines to provide a comprehensive transportation network. ☑️ Capacity and Efficiency: Designed to handle 10,000 to 15,000 passengers per hour and aims to significantly reduce traffic congestion in Alexandria. ☑️ Environmental Sustainability: Transition from diesel to electric power and reduction in emissions contributing to cleaner air and a healthier environment. ☑️ Scalability: Designed to meet future demand and accommodate potential expansions. https://lnkd.in/ekTcUgs9 🔗 To know more about the consultant shaping this opulent vision, click the link! 🌐 Register for free to get exclusive updates on this project #AlexandriaMetro #Egis #UrbanMobility #Egypt #BNCNetwork #ProjectIntelligence

#BNCUpdate: Oman's Collaborative Step: Propelling Water Infrastructure Growth In a significant stride to bolster Oman's water infrastructure, Nama Power and Water Company collaborated to launch the Ghubrah III Independent Water Plant (IWP). This initiative marks a crucial advancement in addressing the nation's rising water needs. Key Features: 💧Produces 300,000 cubic meters of water daily.  🏗️Spans 70,000 square meters with cutting-edge technology.  🛢️Includes a tank storing 45,000 cubic meters per day.  ⏱️Operations set to begin in Q1 2027. https://lnkd.in/d6K9_BD3 🌐 Sign up for free to receive exclusive updates on this initiative. 🔔 Stay in the loop by signing up for project updates. #WaterInfrastructure #Oman #GhubrahIII #NamaPower #Collaboration #WaterSecurity #Sustainability #Desalination #BNCNetworks #ProjectIntelligence

Saudi Arabia is on track to become the world’s largest construction market, with industry output expected to exceed $181bn by 2028. This article explores the $1.25 trillion in projects launched under Vision 2030, focusing on growth in the residential and energy sectors. Read more about this by the Global Construction Review here: https://buff.ly/3XiovLr

#BNCUpdate: Contractor Appointed for Riyadh's Mukaab District Development The Mukaab District a pivotal part of a grand development, set to be a landmark in modern architectural engineering. This initiative represents a transformative step in urban development, emphasizing the importance of innovative design and sustainable practices. Key Features of the Mukaab District: ☑️ Vision 2030 Alignment: Contributing to Saudi Arabia’s Vision 2030 by diversifying the economy and advancing infrastructure and construction sectors. ☑️ Innovative Design: The Mukaab will be a benchmark in modern architectural engineering, setting new standards in construction and design excellence. ☑️ Strategic Collaboration: A joint effort to deliver a landmark project embodying innovation and strategic growth. https://lnkd.in/eCefAaqn 🔗Curious to know more about the contractor involved? Click the link!  🌐 Register for free to get exclusive updates on this project #MurabbaDevelopmentCompany #Sustainability #UrbanDevelopment #BNCNetwork #ProjectIntelligence

#BNCUpdate: Tender Alert: Bidding Open for Egypt's Desalination Plants 📅 The Egyptian Government sets the launch of tenders for the main construction works of 4 Seawater Desalination Plants at Ras El Hikma in Egypt. 💧 Each desalination plant will produce 300,000 to 400,000 cubic meters of potable water daily, meeting critical water demands in Dabaa and Ras El Hikma regions. 💰 Implemented under the Build-Own-Transfer (BOT) model, fostering private sector engagement for effective execution. 🌱 Aligned with Egypt's sustainable water vision, aiming to boost desalination output to 8.85 million cubic meters by 2050. 🤝 Prequalified consortia, including global leaders in construction and engineering, underscore robust collaboration for project success. https://lnkd.in/deBNgv6F 🔗 Dive deeper into the Bid Submission and Consortium Details by clicking the link! 🌐 Register for Free to Receive Exclusive Project Updates! #DesalinationOpportunity #EgyptWaterProjects #BidForWater #SustainableInfrastructure #WaterSecurity #BNCNetworks #ProjectIntelligence

Oman signs more Sultan Haitham City deals https://lnkd.in/eNUXa3rP The agreements follow other development agreements signed in May this year #Construction #MiddleEast #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

Gigaproject spending finds a level https://lnkd.in/eyRESMUt Contract awards for Saudi Arabia’s five official gigaprojects have plateaued #Construction #MiddleEast #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

The surge in iconic construction projects in Saudi Arabia is pushing the boundaries of engineering and redefining the possibilities of the built environment. Labelled as 'giga projects', these involve the development of vast infrastructure, buildings, energy and transportation systems.   Speaking at the Big 5 Construct Saudi – Project Management talks last week, Ben Agyekum, Vice President, Program Cost Consultancy, KSA addressed some of the cost pressures associated with executing such unprecedented undertakings.   To learn more about the current trends shaping the Middle East’s construction landscape, check our latest edition of the Middle East Property and Construction Handbook: https://lnkd.in/dD8mYvi2   #AECOMMiddleEast #Construction2024 #WeDeliver #PropertyAndConstruction #SaudiArabia #ConstructionAnalysis

Am excited to see how the energy and construction technologies are utilized in KSA. Come and join this forum!